Seoul: The Korea Interbank Offered Rates (KORIBOR) exhibited stability across most terms as reported by Yonhap Infomax, the financial news and information division of Yonhap News Agency, at 11:00 a.m. today. The rates for the 1-week, 1-month, 2-month, 3-month, and 6-month terms showed no change from the previous session.
According to Yonhap News Agency, the rates for the 1-week and 1-month terms held steady at 2.75% and 2.82%, respectively. The 2-month and 3-month rates remained unchanged at 2.88% and 2.97%. Similarly, the 6-month rate saw no movement, staying at 3.24%.
The only term to experience a slight change was the 12-month rate, which decreased marginally from 3.69% to 3.68%. The stability in these rates reflects ongoing market conditions and expectations in the financial sector.