Seoul: The Korea Interbank Offered Rates (KORIBOR) demonstrated stability across most terms, according to the latest data released by Yonhap Infomax, the financial news and information division of Yonhap News Agency. As of 11:00 a.m., the rates for several terms, including the 1-week, 1-month, and 2-month periods, held steady at 2.50%.
According to Yonhap News Agency, the 3-month KORIBOR saw a slight increase, moving from 2.49% in the previous session to 2.50%. The 6-month and 12-month rates remained unchanged at 2.53% and 2.51%, respectively. These figures reflect a general trend of stability in the interbank lending rates in South Korea.