Seoul:The Korea Interbank Offered Rates (KORIBOR) were released, indicating stability with minor increases across various terms.
According to Yonhap News Agency, the rates, as reported by Yonhap Infomax at 11:00 a.m., showed no change in the 1-week and 1-month terms, maintaining rates at 3.00% and 3.13%, respectively.
The 2-month KORIBOR experienced a slight increase from 3.25% to 3.26%, while the 3-month rate rose from 3.38% to 3.39%. The 6-month term saw an increase from 3.73% to 3.75%.
The 12-month KORIBOR also witnessed a slight rise, moving from 4.05% to 4.07%.