Seoul: The Korea Interbank Offered Rates (KORIBOR) experienced minor fluctuations across different terms as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.
According to Yonhap News Agency, the 1-week and 1-month KORIBOR rates remained steady at 2.50% and 2.58%, respectively. The 2-month rate saw a slight decrease from 2.64% to 2.63%. Conversely, the 3-month rate increased marginally from 2.69% to 2.70%.
Additionally, the 6-month rate rose from 2.72% to 2.73%, and the 12-month rate saw an increase from 2.76% to 2.77%. These changes reflect minor adjustments in the interbank lending rates for the specified terms.