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
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|---|---|---|
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TENOR
|
BID
|
OFFER
|
|
1 – Week
|
5.71
|
6.21
|
|
2 – Week
|
5.75
|
6.25
|
|
1 – Month
|
5.78
|
6.28
|
|
3 – Month
|
5.91
|
6.16
|
|
6 – Month
|
5.92
|
6.20
|
|
9 – Month
|
5.98
|
6.48
|
|
1 – Year
|
6.00
|
6.50
|
|
2 – Year
|
6.26
|
6.76
|
|
3- Year
|
6.51
|
7.01
|