Search
Close this search box.
KORIBOR Rates Show Stability with Minor Changes Across Terms

Seoul:The Korea Interbank Offered Rates (KORIBOR) were reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 1100 a.m., revealing minimal fluctuations in the rates across various terms.

According to Yonhap News Agency, the rates for the 1-week and 1-month terms remained unchanged from the previous session at 3.00% and 3.13%, respectively. The 2-month rate also stayed steady at 3.25%.

The 3-month KORIBOR experienced a slight increase, rising to 3.39% from 3.38%. Similarly, the 6-month rate edged up to 3.79% from 3.78%. The 12-month term saw a marginal increase as well, moving from 4.02% to 4.03%.

ADVERTISEMENT