Search
Close this search box.
KORIBOR Rates Remain Steady with Slight Changes in Longer Terms

Seoul:The Korea Interbank Offered Rates (KORIBOR) were released at 1100 a.m., showing stability across most short-term rates, with minor adjustments in longer-term rates.

According to Yonhap News Agency, the KORIBOR rates for the one-week and one-month terms remained unchanged at 3.00% and 3.14%, respectively. The two-month rate also held steady at 3.27%.

The three-month rate saw a slight increase from 3.40% to 3.41%. Similarly, the six-month rate rose marginally from 3.80% to 3.81%. The twelve-month rate experienced a minor decrease from 4.02% to 4.01%.

ADVERTISEMENT