Stable KORIBOR Rates Observed Across Most Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) remained stable across most terms as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. The rates for the 1-week, 1-month, 2-month, and 3-month terms showed no change from the previous session, maintaining at 2.50%, 2.60%, 2.68%, and 2.77% respectively.

According to Yonhap News Agency, a slight change was observed in the 6-month and 12-month terms. The 6-month rate decreased slightly from 2.83% in the previous session to 2.82%. In contrast, the 12-month rate experienced a minor increase, moving from 2.98% to 2.99%. These adjustments reflect minimal fluctuations in the interbank offered rates in the Republic of Korea for the given period.