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 | 13.04 | 13.54 |
| 2 – Week | 13.08 | 13.58 |
| 1 – Month | 13.14 | 13.64 |
| 3 – Month | 13.29 | 13.54 |
| 6 – Month | 13.24 | 13.49 |
| 9 – Month | 13.09 | 13.59 |
| 1 – Year | 13.02 | 13.52 |
| 2 – Year | 12.40 | 12.90 |
| 3- Year | 11.59 | 12.09 |