Korea Interbank Offered Rates Show Stability with Minor Change for 12-Month Term

Seoul: The Korea Interbank Offered Rates (KORIBOR) remained largely stable today, with only a slight change noted in the 12-month term rate. The rates were posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.

According to Yonhap News Agency, the 1-week, 1-month, 2-month, and 3-month KORIBOR rates held steady at 2.75%, 2.73%, 2.72%, and 2.70%, respectively, matching the previous session's figures. The 6-month rate also remained unchanged at 2.66%.

However, the 12-month KORIBOR rate experienced a slight decrease, moving from 2.60% in the previous session to 2.59% today. This minor change in the 12-month term reflects a consistent trend of stability across other terms.