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
|
7.46
|
7.96
|
|
2 – Week
|
7.48
|
7.98
|
|
1 – Month
|
7.51
|
8.01
|
|
3 – Month
|
7.68
|
7.93
|
|
6 – Month
|
7.80
|
8.05
|
|
9 – Month
|
7.87
|
8.37
|
|
1 – Year
|
7.95
|
8.45
|
|
2 – Year
|
8.41
|
8.91
|
|
3- Year
|
8.76
|
9.26
|