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Korea Interbank Offered Rates Remain Mostly Unchanged

Seoul: The Korea Interbank Offered Rates (KORIBOR) remained largely stable as reported by Yonhap Infomax, the financial news and information division of Yonhap News Agency, at 11:00 a.m. today. The rates for various terms exhibited minimal to no change compared to the previous session.

According to Yonhap News Agency, the 1-week KORIBOR persisted at 2.50%, showing no variation from the previous session. Similarly, the 1-month rate experienced a slight dip, moving from 2.62% in the previous session to 2.61%. The 2-month, 3-month, and 6-month rates remained the same at 2.71%, 2.83%, and 2.92%, respectively. The 12-month term also held steady at 2.88%.

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