Seoul Reports Steady KORIBOR Rates Across Most Terms

SEOUL — The Korea Interbank Offered Rates (KORIBOR) remained largely unchanged across most terms today, with a slight decrease noted in longer maturities, as reported at 11:00 a.m. by Yonhap Infomax. The one-week term held steady at 3.50%, identical to the previous session.

According to Yonhap News Agency, The one-month and two-month rates also remained unchanged at 3.52% and 3.54%, respectively. A minor decline was observed in the three-month rate, decreasing from 3.57% to 3.56%, while the six-month rate saw a slight reduction from 3.58% to 3.57%. The twelve-month rate maintained its position at 3.57%. According to Yonhap Infomax, these rates reflect current interbank lending costs.

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