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Korea Interbank Offered Rates Remain Stable with Minor Increases

Seoul:The Korea Interbank Offered Rates (KORIBOR) were reported at 11:00 a.m., showcasing stable rates with slight increases in some terms.

According to Yonhap News Agency, the rates for the 1-week and 1-month terms remained unchanged at 3.00% and 3.14%, respectively.

The 2-month and 3-month rates experienced a marginal increase, with the 2-month rate rising from 3.27% to 3.28% and the 3-month rate moving from 3.40% to 3.41%.

The 6-month term increased slightly from 3.78% to 3.79%, while the 12-month rate saw a minor rise from 4.12% to 4.14%.

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