Seoul: The Korea Interbank Offered Rates (KORIBOR) remained largely stable in the latest session, with only slight variations observed in the longer-term rates. As reported by Yonhap Infomax, the financial news and information service of Yonhap News Agency, the rates were posted at 11:00 a.m.
According to Yonhap News Agency, the 1-week and 1-month KORIBOR rates held steady at 2.50% and 2.51%, respectively, compared to the previous session's figures. The 2-month rate saw a minor increase, moving from 2.51% to 2.52%. The 3-month rate remained unchanged at 2.53%.
The 6-month and 12-month rates showed slight increases, with the 6-month rate rising from 2.56% to 2.57% and the 12-month rate from 2.57% to 2.58%. These adjustments reflect minor fluctuations in the interbank lending environment over longer durations.