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KORIBOR Rates Remain Steady Across All Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) showed no change in rates across all terms as reported today by Yonhap Infomax, the financial news and information arm of Yonhap News Agency. At 11:00 a.m., the rates remained stable compared to the previous session.

According to Yonhap News Agency, the 1-week, 1-month, and 2-month rates were consistent at 3.00%. Similarly, the 3-month rate remained at 2.99%, the 6-month at 2.96%, and the 12-month rate held at 2.85%. These rates indicate stability in the interbank lending market in Korea, reflecting no shifts in the financial conditions or monetary policy expectations since the last session.

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