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Korea Interbank Offered Rates Show Slight Increases Across Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) witnessed slight increases across various terms as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. today.

According to Yonhap News Agency, the 1-month KORIBOR rate increased to 2.56% from the previous session's 2.55%. The 2-month rate also saw a rise, moving to 2.61% compared to 2.60% in the previous session. Similarly, the 3-month KORIBOR experienced an increment to 2.68%, slightly up from 2.67% previously.

Further increments were observed in the 6-month and 12-month terms. The 6-month rate rose to 2.77% from 2.75%, while the 12-month rate increased to 2.82%, up from the previous 2.79%. These changes indicate a consistent upward trend across all terms.

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