Seoul: The Korea Interbank Offered Rates (KORIBOR) remained largely stable in today's session, as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. The rates exhibited minimal changes across various terms, reflecting steadiness in the interbank lending market.
According to Yonhap News Agency, the 1-week and 1-month KORIBOR rates held steady at 2.75% and 2.71%, respectively, showing no change from the previous session. Similarly, the 2-month rate also remained unchanged at 2.67%. However, a slight decrease was observed in the 3-month rate, which fell by 0.01% to 2.64% from 2.65% in the previous session.
The 6-month KORIBOR rate experienced a minor decline, moving from 2.59% to 2.58%. In contrast, the 12-month rate saw a small increase, rising to 2.53% from 2.52%. These subtle fluctuations indicate a generally stable lending environment, with only slight movements noted in the longer-term rates.