Seoul: The Korea Interbank Offered Rates (KORIBOR) have maintained stability across most terms, with a minor increase observed in the 12-month rate. This data was released by Yonhap Infomax, the financial news and information branch of Yonhap News Agency, as of 11:00 a.m.
According to Yonhap News Agency, the KORIBOR rates for the 1-week, 1-month, 2-month, and 3-month terms have remained unchanged compared to the previous session, standing at 3.00%, 3.02%, 3.03%, and 3.04% respectively. Similarly, the 6-month term rate continues to hold at 3.02%.
However, the 12-month KORIBOR rate experienced a slight increase, rising to 2.86% from the previous session's 2.85%. This minor change marks the only variation in an otherwise steady set of rates for the current session.