Seoul: The Korea Interbank Offered Rates (KORIBOR) showed stability across most terms today, with a marginal increase noted in the 12-month term. The rates, as reported by Yonhap Infomax, a branch of Yonhap News Agency, were posted at 11:00 a.m.

According to Yonhap News Agency, the rates for short-term periods, including the 1-week, 1-month, 2-month, and 3-month terms, remained unchanged from the previous session, holding steady at 2.50%, 2.68%, 2.85%, and 3.02% respectively. The 6-month term also maintained its rate at 3.27%.

The only variation observed was in the 12-month term, which experienced a slight increase from 3.74% to 3.75%. This minor adjustment reflects the ongoing market assessments and economic conditions impacting long-term lending rates.