Seoul: The Korea Interbank Offered Rates (KORIBOR), as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, exhibited a slight decline across most terms in the latest update at 11:00 a.m. today.
According to Yonhap News Agency, the 1-week KORIBOR rate remained steady at 2.75%, showing no change from the previous session. The 1-month rate decreased slightly, from 2.73% to 2.72%. A similar trend was observed in the 2-month rate, which fell from 2.72% to 2.71%.
The 3-month KORIBOR rate dropped from 2.70% to 2.69%, while the 6-month rate saw a minor decrease from 2.66% to 2.65%. The 12-month rate also experienced a slight decline, moving from 2.58% to 2.57%.