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KORIBOR Rates Remain Stable Across Most Terms, Slight Increase in 12-Month Rate

Seoul: The Korea Interbank Offered Rates (KORIBOR), as reported by Yonhap Infomax, have shown stability across most terms with a marginal rise observed in the 12-month rate. The data, which was posted at 11:00 a.m., indicates no change in the rates for the 1-week, 1-month, 2-month, 3-month, and 6-month terms.

According to Yonhap News Agency, the rates for the 1-week, 1-month, 2-month, 3-month, and 6-month terms held steady at 2.50%, 2.58%, 2.64%, 2.69%, and 2.72% respectively, compared to the previous session. Meanwhile, the 12-month rate experienced a slight increase, moving from 2.74% to 2.76%. This information provides a snapshot of current trends in interbank lending rates in Korea.

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