Seoul: The Korea Interbank Offered Rates (KORIBOR) demonstrated stability in shorter terms while showing a slight decline in longer terms, as reported by Yonhap Infomax at 11:00 a.m.

According to Yonhap News Agency, the KORIBOR rates for the one-week and one-month terms remained unchanged at 2.50% and 2.62%, respectively. The two-month term also held steady at 2.71%. However, a minor decrease was noted in the three-month term, which fell from 2.83% to 2.82%.

Further observations revealed a similar trend in the six-month and twelve-month terms. The six-month rate saw a decrease from 2.88% to 2.87%, while the twelve-month rate declined from 2.86% to 2.84%. These shifts suggest a subtle adjustment in the longer-term lending rates within the interbank market.