Seoul - The Korea Interbank Offered Rates (KORIBOR) were reported unchanged across all terms on May 7, as announced by Yonhap Infomax, the financial news division of Yonhap News Agency.
According to Yonhap News Agency, the rates as of 11:00 a.m. remained steady with the one-week term at 3.50%, and the one-month rate also holding at 3.53%. Similarly, the two-month and three-month rates stayed at 3.55% and 3.58% respectively. The six-month KORIBOR was constant at 3.62%, and the twelve-month rate slightly decreased from 3.69% to 3.68%.