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 | 6.85 | 7.35 |
| 2 – Week | 6.84 | 7.34 |
| 1 – Month | 6.73 | 7.23 |
| 3 – Month | 6.56 | 6.81 |
| 6 – Month | 6.53 | 6.78 |
| 9 – Month | 6.48 | 6.98 |
| 1 – Year | 6.47 | 6.97 |