Seoul: The Korea Interbank Offered Rates (KORIBOR) were released by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. today. The data shows that the rates for most terms have remained unchanged compared to the previous session.

According to Yonhap News Agency, the 1-week, 1-month, 2-month, and 3-month KORIBOR rates remained steady at 2.75%, 2.83%, 2.90%, and 2.99% respectively. These rates indicate no movement in the short-term lending rates among South Korean banks.

The 6-month KORIBOR rate also showed stability, holding at 3.26%. In contrast, the 12-month rate experienced a slight decrease, moving from 3.65% to 3.64%. This marginal decline suggests a minimal adjustment in the longer-term borrowing costs.

The consistent rates across most terms reflect a stable interbank lending environment in South Korea. The minor change in the 12-month rate may indicate subtle shifts in the market's long-term expectations.