SEOUL – The Korea Interbank Offered Rates (KORIBOR) maintained a steady pattern in the latest update, as documented by Yonhap Infomax, the financial information division of Yonhap News Agency, at 11:00 a.m. today.
According to Yonhap News Agency, there were slight movements in the rates for various terms with the one-month term rate inching up by 0.01 percent. The one-week and two-month rates held steady, while a marginal decrease was noted in the 12-month rate. The 3-month term rate observed a 0.01 percent increase from the previous session, indicating subtle fluctuations in short-term interbank lending rates.
The current KORIBOR rates are as follows:
1-Week: 3.50 percent, unchanged from the previous session.
1-Month: 3.66 percent, slightly up from 3.65 percent.
2-Month: 3.79 percent, unchanged.
3-Month: 3.97 percent, up from 3.96 percent.
6-Month: 4.08 percent, unchanged.
12-Month: 4.14 percent, down from 4.15 percent.