Seoul: The Korea Interbank Offered Rates (KORIBOR) as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, indicate minor changes in the rates over different terms. As of 11:00 a.m., the rates for various terms have been updated.
According to Yonhap News Agency, the rates for the 1-week and 1-month terms remained unchanged at 2.50% and 2.51%, respectively, from the previous session. The 2-month term also stayed steady at 2.51%. A slight increase was observed in the 3-month term rate, which rose from 2.52% to 2.53%.
The 6-month term rate experienced a similar minimal increase, moving from 2.56% to 2.57%. The 12-month term rate also saw a rise, increasing from 2.57% to 2.58%. These changes reflect adjustments in the longer-term rates while the short-term rates remained constant.