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 | 13.22 | 13.72 |
2 – Week | 13.26 | 13.76 |
1 – Month | 13.30 | 13.80 |
3 – Month | 13.64 | 13.89 |
6 – Month | 13.76 | 14.01 |
9 – Month | 13.80 | 14.30 |
1 – Year | 13.83 | 14.33 |
2 – Year | 13.81 | 14.31 |
3- Year | 13.81 | 14.31 |