Seoul: The Korea Interbank Offered Rates (KORIBOR) demonstrated stability across most terms, as reported at 11:00 a.m. today. The rates for 1-week, 1-month, and 2-month terms held steady at 2.75%, 2.83%, and 2.90%, respectively, reflecting no change from the previous session. Similarly, the 3-month and 6-month rates remained unchanged at 3.00% and 3.26%.

According to Yonhap News Agency, the only notable adjustment was observed in the 12-month term rate, which experienced a slight increase from 3.63% to 3.64%. This change marks a minor fluctuation in an otherwise stable set of rates across the board. The KORIBOR provides a benchmark for interbank lending rates in South Korea, serving as a critical indicator for financial institutions and market analysts monitoring economic trends.