Seoul: The Korea Interbank Offered Rates (KORIBOR) displayed minor increases in the longer-term rates as reported 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 KORIBOR rates for the 2-month, 3-month, 6-month, and 12-month terms experienced slight increases compared to the previous session. The 2-month rate rose from 2.83% to 2.84%, the 3-month rate increased from 2.98% to 2.99%, the 6-month rate went up from 3.19% to 3.20%, and the 12-month rate climbed from 3.61% to 3.62%.
In contrast, the 1-week and 1-month rates remained unchanged at 2.50% and 2.67%, respectively. These figures reflect the stability in the shorter-term rates while indicating slight upward adjustments in the longer terms.