Seoul: The Korea Interbank Offered Rates (KORIBOR) showed minor fluctuations in various terms as per the latest data provided by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. today.
According to Yonhap News Agency, the 1-week rate remained stable at 2.50%, while the 1-month rate saw a slight decrease from 2.70% to 2.69%. The 2-month rate experienced a marginal increase from 2.87% to 2.88%. Meanwhile, the 3-month rate rose from 3.05% to 3.07%.
The 6-month rate increased slightly from 3.27% to 3.29%, and the 12-month rate saw an uptick from 3.71% to 3.74%. These rates reflect the borrowing costs among banks and are crucial indicators in the financial market.