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
|
5.93
|
6.43
|
2 – Week
|
5.96
|
6.46
|
1 – Month
|
5.98
|
6.48
|
3 – Month
|
6.10
|
6.35
|
6 – Month
|
6.18
|
6.43
|
9 – Month
|
6.20
|
6.70
|
1 – Year
|
6.21
|
6.71
|
2 – Year
|
6.60
|
7.10
|
3- Year
|
7.05
|
7.55
|