Search
Close this search box.
KORIBOR Rates Show Slight Increase in Short and Long-Term Rates

Seoul: The Korea Interbank Offered Rates (KORIBOR) experienced minor changes in various terms as reported 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 KORIBOR remained unchanged at 2.50%, while the 1-Month rate saw a slight increase from 2.60% to 2.61%. The 2-Month rate also experienced a minor rise from 2.69% to 2.70%.

In the longer-term rates, the 3-Month KORIBOR increased from 2.79% to 2.80%, and the 6-Month rate saw a similar rise from 2.88% to 2.89%. The 12-Month rate also edged up from 2.83% to 2.84%.

ADVERTISEMENT