Seoul: The Korea Interbank Offered Rates (KORIBOR) were released by Yonhap Infomax, the financial news and information division of Yonhap News Agency, at 11:00 a.m. The data reveals slight changes in the rates across different terms compared to the previous session.
According to Yonhap News Agency, the 1-week KORIBOR remains unchanged at 2.50%. The 1-month rate shows a slight increase from 2.67% to 2.68%. The 2-month rate remains stable at 2.84%. The 3-month rate increased marginally from 2.99% to 3.00%.
The 6-month KORIBOR experienced a slight rise from 3.20% to 3.21%. The 12-month term saw an increase from 3.62% to 3.64%. These figures indicate minor fluctuations in the interbank lending rates across different terms.