Seoul: The Korea Interbank Offered Rates (KORIBOR) were updated with minimal fluctuations in the latest session. As of 11:00 a.m., Yonhap Infomax, the financial news and information arm of Yonhap News Agency, reported the current rates, which reflect stability across the various term offerings.
According to Yonhap News Agency, the one-week KORIBOR rate remains unchanged at 3.00%. The one-month and two-month rates also showed stability, maintaining their previous session levels at 2.99%. A slight decrease was observed in the three-month rate, which dropped to 2.98% from the previous session's 2.99%.
The six-month KORIBOR rate decreased by 0.01%, settling at 2.95% compared to the previous session. The 12-month rate, on the other hand, experienced a marginal increase, moving from 2.86% to 2.87%.