Seoul: The Korea Interbank Offered Rates (KORIBOR) demonstrated slight adjustments in certain terms, as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency. These rates were posted at 11:00 a.m., reflecting the country's interbank lending conditions.
According to Yonhap News Agency, the 1-week and 1-month KORIBOR remained unchanged from the previous session, holding steady at 2.50% and 2.51%, respectively. The 2-month rate saw a minor increase, rising from 2.51% to 2.52%. The 3-month and 6-month rates stayed consistent with the previous session at 2.53% and 2.57%, respectively. Notably, the 12-month rate experienced a slight increase, moving from 2.58% to 2.59%.