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 | 6.86 | 7.36 |
2 – Week | 6.90 | 7.40 |
1 – Month | 6.92 | 7.42 |
3 – Month | 7.05 | 7.30 |
6 – Month | 7.10 | 7.35 |
9 – Month | 7.15 | 7.65 |
1 – Year | 7.19 | 7.69 |
Updated on 11 Sep, 2020 |