Seoul: The Korea Interbank Offered Rates (KORIBOR) have shown minor fluctuations in specific 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 3-month KORIBOR rate has decreased slightly to 3.04% from the previous session's 3.05%. Meanwhile, the 6-month KORIBOR saw a minimal decline from 3.03% to 3.02%. Conversely, the 12-month rate experienced a small increase, moving from 2.83% to 2.84%.
Other terms remained unchanged, with the 1-week and 1-month rates both holding steady at 3.00% and 3.02%, respectively. Similarly, the 2-month rate remained constant at 3.03%. These slight shifts in the rates are being closely monitored by financial analysts and institutions.