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.
| Kibor Rates In Pakistan | ||
|---|---|---|
| TENOR | BID | OFFER |
| 1 – Week | 17.34 | 17.84 |
| 2 – Week | 17.36 | 17.86 |
| 1 – Month | 17.28 | 17.78 |
| 3 – Month | 16.67 | 16.92 |
| 6 – Month | 15.96 | 16.21 |
| 9 – Month | 15.52 | 16.02 |
| 1 – Year | 15.09 | 15.59 |
| Last Updated on 24th Sep 2024 | ||
| Source: SBP | ||