KORIBOR Rates Show Slight Changes Across Various Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) have shown slight fluctuations across different terms as of 11:00 a.m., according to the latest figures released by Yonhap Infomax, the financial news and information arm of Yonhap News Agency. The rates remain unchanged for the 1-week and 6-month terms, whereas there are minor adjustments in other periods.

According to Yonhap News Agency, the 1-month KORIBOR increased to 2.68% from the previous session's 2.66%. The 2-month rate saw a slight rise to 2.85% from 2.84%. Meanwhile, the 3-month rate experienced a decrease, moving down to 3.02% from 3.03%. The 12-month rate inched up to 3.74% compared to the previous 3.73%. The data points to stability in short-term rates with modest movements in others.