Seoul: The Korea Interbank Offered Rates (KORIBOR) remained stable in most terms as announced by Yonhap Infomax, the financial news and information division of Yonhap News Agency, at 11:00 a.m. today. The short-term rates, including the 1-week and 1-month terms, held steady at 2.75% and 2.83%, respectively. Similarly, the 2-month and 3-month rates remained unchanged at 2.90% and 2.99%.

According to Yonhap News Agency, there was a slight fluctuation observed in the longer-term rates. The 6-month KORIBOR edged up by 0.01%, moving from 3.25% to 3.26%. Conversely, the 12-month rate showed a marginal decrease from 3.66% to 3.65%. These minor adjustments indicate a stable interbank lending environment in the short term with slight variations in the longer-term outlook.