Seoul: The Korea Interbank Offered Rates (KORIBOR) remained stable across most terms as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. The rates for 1-week, 1-month, 2-month, 6-month, and 12-month terms showed no change from the previous session, standing at 2.50%, 2.51%, 2.52%, 2.58%, and 2.58% respectively.
According to Yonhap News Agency, the only change noted was in the 3-month term, which increased slightly from 2.53% to 2.54%. This indicates a minor adjustment in the short-term lending rates among banks. The stability in most terms suggests a steady outlook for interbank lending in the region.