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Stability in Korea Interbank Offered Rates Amid Slight Fluctuations.


Seoul: The Korea Interbank Offered Rates (KORIBOR) showed stability with minimal fluctuations across 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 rates for the one-week and one-month terms remained unchanged at 3.00% and 3.10% respectively. Meanwhile, the two-month term experienced a slight decrease from 3.18% to 3.17%. The three-month term held steady at 3.27%.

The six-month rate saw a minor decline from 3.26% to 3.25%, while the twelve-month term decreased from 3.03% to 3.02%. These changes signify a period of relative stability in the interbank lending environment.

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