Seoul: The Korea Interbank Offered Rates (KORIBOR) have largely remained stable, with a slight change observed in the 3-month term rate. As reported at 11:00 a.m. by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, the rates for various terms were noted.
According to Yonhap News Agency, the 1-week and 1-month KORIBOR rates held steady at 2.50% and 2.60%, respectively. Similarly, the 2-month and 6-month rates showed no fluctuation, remaining at 2.69% and 2.82%, respectively. The 12-month rate also remained unchanged at 2.90%.
The only variation was seen in the 3-month term, which experienced a slight increase from 2.78% in the previous session to 2.79% today. This minor adjustment reflects the current conditions and expectations in the interbank lending market.