SEOUL - The Korea Interbank Offered Rates (KORIBOR) as of 11:00 a.m. were posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency. The rates are a key reference in financial markets, reflecting the cost of borrowing funds in the interbank market.
According to Yonhap News Agency, The rates for various terms are as follows: the one-week rate stands at 3.50 percent, unchanged from the previous session. The one-month rate slightly increased to 3.67 percent from 3.66 percent. The two-month rate remained steady at 3.79 percent. The three-month rate is at 3.97 percent, maintaining its previous level. The six-month rate saw a minor increase to 4.09 percent from 4.08 percent. The twelve-month rate remains constant at 4.14 percent. These rates are closely watched by market participants and play a significant role in the pricing of financial products.