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 | 7.91 | 8.41 |
2 – Week | 7.91 | 8.41 |
1 – Month | 7.86 | 8.36 |
3 – Month | 7.88 | 8.13 |
6 – Month | 7.69 | 7.94 |
9 – Month | 7.48 | 7.98 |
1 – Year | 7.42 | 7.92 |