Korea Interbank Offered Rates Show Increment Across Various Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) displayed incremental changes across several terms as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.

According to Yonhap News Agency, the 1-week KORIBOR remained steady at 2.50%, maintaining the same level as the previous session. The 1-month rate experienced a slight increase, moving from 2.57% to 2.58%. Similarly, the 2-month rate rose from 2.63% to 2.64%.

The 3-month KORIBOR also saw a minor rise, changing from 2.70% to 2.71%. The 6-month rate increased from 2.74% to 2.75%. The 12-month rate experienced the largest increase, moving from 2.82% to 2.85%.