Seoul: The Korea Interbank Offered Rates (KORIBOR) have exhibited stability across most short-term periods, with only the 12-month rate showing a slight change. This consistency was documented at 11:00 a.m. by Yonhap Infomax, the financial news and information arm of Yonhap News Agency.
According to Yonhap News Agency, the 1-week, 1-month, 2-month, and 3-month KORIBOR rates have all remained steady from their previous session values at 2.50%, 2.51%, 2.52%, and 2.55%, respectively. Similarly, the 6-month rate maintained its position at 2.59%.
However, the 12-month rate saw a minor increase, rising from 2.59% in the previous session to 2.60% today. This data indicates a stable short-term lending environment among banks, with only a slight adjustment at the longer end of the spectrum.