Seoul:<Text>
The Korea Interbank Offered Rates (KORIBOR) remained stable as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. The rates showed no change across various terms, reflecting consistency in the country's financial environment.
According to Yonhap News Agency, the KORIBOR for the 1-week and 1-month terms stood at 2.50%, identical to the previous session. The 2-month term also maintained its rate at 2.50%, while the 3-month term was reported at 2.49%, showing no fluctuation from the prior session. The half-year and annual rates were consistent at 2.52%.
These figures indicate a period of stability in the interbank lending market in Korea, with interest rates holding steady across the board. The lack of movement in these rates suggests a stable economic outlook, without immediate pressures for change in lending rates among Korean banks.