Slight Fluctuations Noted in Korea Interbank Offered Rates

Seoul: The Korea Interbank Offered Rates (KORIBOR) as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, showed minor adjustments in certain term rates at 11:00 a.m.

According to Yonhap News Agency, the KORIBOR rates for the one-week and one-month terms remained steady at 2.50% and 2.51%, respectively. The two-month term also held constant at 2.52%. However, there was a slight decrease in the three-month and six-month terms, which moved from 2.54% to 2.53% and from 2.58% to 2.57%, respectively. The twelve-month term showed no change, staying firm at 2.59%.