Seoul: The Korea Interbank Offered Rates (KORIBOR) experienced minor adjustments in most terms as reported by Yonhap Infomax at 11:00 a.m. The figures reflect slight increases in several categories, while others remained unchanged.
According to Yonhap News Agency, the 1-Week rate held steady at 2.50%, mirroring the previous session's rate. The 1-Month rate saw a marginal increase from 2.51% to 2.52%. Similarly, the 2-Month rate rose slightly to 2.53% from 2.52%, while the 3-Month rate remained constant at 2.55%.
Further increments were observed in the 6-Month and 12-Month rates. The 6-Month rate increased to 2.60% from 2.59%, and the 12-Month rate rose to 2.62% from 2.60%. These changes indicate subtle shifts in the interbank lending market.