Seoul:The Korea Interbank Offered Rates (KORIBOR) showed stability with minor adjustments in some terms as of 1100 a.m., According to latest data.
According to Yonhap News Agency, the 1-week and 1-month rates remained unchanged at 3.00% and 3.13%, respectively. The 2-month rate saw a slight increase from 3.25% to 3.26%, while the 3-month rate held steady at 3.39%.
In the longer terms, the 6-month rate experienced a minor rise from 3.79% to 3.80%, whereas the 12-month rate decreased slightly from 4.03% to 4.02%. These figures highlight the relative stability in the interbank lending market in Korea.