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
|
||
---|---|---|
TENOR
|
BID
|
OFFER
|
1 – Week
|
7.37
|
7.87
|
2 – Week
|
7.42
|
7.92
|
1 – Month
|
7.48
|
7.98
|
3 – Month
|
7.66
|
7.91
|
6 – Month
|
7.77
|
8.02
|
9 – Month
|
7.85
|
8.35
|
1 – Year
|
7.95
|
8.42
|
2 – Year
|
8.39
|
8.89
|
3- Year
|
8.72
|
9.22
|