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Korea Interbank Offered Rates Remain Stable with Slight Variations

Seoul:The Korea Interbank Offered Rates (KORIBOR) were reported at 1100 a.m., showing stability across most terms with a minor change observed in the 12-month rate.

According to Yonhap News Agency, the rates for terms including one week, one month, two months, three months, and six months remained unchanged from the previous session. Specifically, the one-week rate was steady at 3.00%, the one-month at 3.13%, the two-month at 3.25%, the three-month at 3.37%, and the six-month at 3.74%.

The only change was seen in the 12-month rate, which slightly decreased from 3.99% in the previous session to 3.98% today. This minor fluctuation indicates a generally stable interbank lending environment.

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