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KORIBOR Rates Show Mixed Stability Across Different Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) remained stable in most terms, as reported by the latest data from Yonhap Infomax, the financial news and information division of Yonhap News Agency. As of 11:00 a.m., the rates for 1-week, 1-month, and 12-month terms showed no change from the previous session.

According to Yonhap News Agency, the rates for the 1-week and 1-month terms were steady at 2.50% and 2.55%, respectively. The 12-month term also remained unchanged at 2.79%. However, the data indicated slight increases in the 2-month, 3-month, and 6-month terms.

The 2-month KORIBOR increased marginally from 2.59% to 2.60%. Similarly, the 3-month term saw an increment from 2.64% to 2.65%, and the 6-month term rose from 2.73% to 2.74%. These changes reflect minor adjustments in the interbank lending rates, which can influence various financial products and services in the market.

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