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 | 12.22 | 12.72 |
2 – Week | 12.25 | 12.75 |
1 – Month | 12.31 | 12.81 |
3 – Month | 12.60 | 12.85 |
6 – Month | 12.70 | 12.95 |
9 – Month | 12.80 | 13.30 |
1 – Year | 12.93 | 13.43 |
2 – Year | 13.13 | 13.63 |
3- Year | 13.28 | 13.78 |