SEOUL – The Korea Interbank Offered Rates (KORIBOR) remained largely stable as reported by Yonhap Infomax at 11:00 a.m. today, with minor fluctuations observed in longer-term rates.
According to Yonhap News Agency, the financial news and information arm of Yonhap News Agency, the rates for various terms showed little to no change from the previous session. The one-week KORIBOR held steady at 3.50%, as did the one-month rate at 3.48%. Similarly, two-month rates were unchanged at 3.45%. However, a slight decrease was noted in the three-month rate, moving from 3.43% to 3.42%. The six-month rate remained constant at 3.40%, while the twelve-month rate saw a minor uptick from 3.26% to 3.27%.