Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency and improve management of the market risk undertaken by banks.
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KIBOR RATES IN PAKISTAN
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|---|---|---|
|
TENOR
|
BID
|
OFFER
|
|
1 – Week
|
5.92
|
6.42
|
|
2 – Week
|
5.96
|
6.46
|
|
1 – Month
|
5.99
|
6.49
|
|
3 – Month
|
6.15
|
6.40
|
|
6 – Month
|
6.26
|
6.51
|
|
9 – Month
|
6.32
|
6.82
|
|
1 – Year
|
6.44
|
6.94
|
|
2 – Year
|
6.99
|
7.49
|
|
3- Year
|
7.42
|
7.92
|