KORIBOR Rates Remain Stable with Minor Increase in 6-Month and 12-Month Terms.

Seoul: The Korea Interbank Offered Rates (KORIBOR) have shown stability across most terms, with slight changes observed in the 6-month and 12-month rates.According to Yonhap News Agency, the rates posted by Yonhap Infomax at 11:00 a.m. indicate that the 1-week, 1-month, and 2-month terms remain unchanged at 3.25%, 3.30%, and 3.34% respectively. The 3-month term also holds steady at 3.40%.However, a minor increase was noted in the 6-month term, which rose from 3.38% to 3.39%. The 12-month term saw a similar slight increase, moving from 3.24% to 3.25%. These figures suggest minimal fluctuations in the interbank offered rates over the short term.