Seoul: The Korea Interbank Offered Rates (KORIBOR) showed minimal changes in their latest posting, as released by Yonhap Infomax, the financial news and information service of Yonhap News Agency, at 11:00 a.m. today.
According to Yonhap News Agency, the rates for most short-term periods remained unchanged from the previous session. The 1-week and 1-month rates held steady at 2.50% and 2.60%, respectively. Similarly, the 2-month rate continued at 2.70%, unchanged from the previous session's figures.
The 3-month and 6-month rates experienced a slight decrease. The 3-month rate dropped to 2.80% from 2.81%, while the 6-month rate decreased to 2.88% from 2.89%. The 12-month rate also saw a reduction, falling to 3.11% from 3.14%. These adjustments indicate minor shifts in the longer-term interbank borrowing costs.