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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|---|---|---|
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TENOR
|
BID
|
OFFER
|
|
1 – Week
|
6.43
|
6.93
|
|
2 – Week
|
6.44
|
6.94
|
|
1 – Month
|
6.47
|
6.97
|
|
3 – Month
|
6.60
|
6.85
|
|
6 – Month
|
6.69
|
6.94
|
|
9 – Month
|
6.75
|
7.25
|
|
1 – Year
|
6.86
|
7.36
|
|
2 – Year
|
7.36
|
7.86
|
|
3- Year
|
7.82
|
8.32
|