Korea Interbank Offered Rates Remain Steady

SEOUL - The Korea Interbank Offered Rates (KORIBOR) were posted stable at 11:00 a.m. today by Yonhap Infomax.

According to Yonhap News Agency, The rates for various terms were recorded with slight adjustments in some durations compared to the previous session. The one-week rate held at 3.50%, matching the previous day’s figure. The one-month and two-month rates were 3.51% and 3.54%, respectively, showing a minimal increase in the two-month rate from 3.53%. Meanwhile, the three-month rate increased to 3.56% from 3.55%, and the six-month and twelve-month rates rose to 3.60% and 3.63%, indicating a trend of slight upward movement in longer-term rates.

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