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KORIBOR Rates Remain Stable Across All Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) remained unchanged across all terms in the latest posting. The rates were announced by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.

According to Yonhap News Agency, the rates for various terms such as 1-week, 1-month, 2-month, 3-month, 6-month, and 12-month all showed no movement from the previous session. The 1-week rate stood at 2.50%, while the 1-month rate was steady at 2.60%. The 2-month and 3-month rates were consistent at 2.68% and 2.78%, respectively.

The 6-month term was posted at 2.83%, and the 12-month rate remained at 3.00%. These stable rates reflect a period of steady financial conditions in the Korean interbank market.

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