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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|---|---|---|
|
TENOR
|
BID
|
OFFER
|
|
1 – Week
|
5.93
|
6.43
|
|
2 – Week
|
5.98
|
6.48
|
|
1 – Month
|
6.01
|
6.51
|
|
3 – Month
|
6.20
|
6.45
|
|
6 – Month
|
6.28
|
6.53
|
|
9 – Month
|
6.32
|
6.82
|
|
1 – Year
|
6.40
|
6.90
|
|
2 – Year
|
7.03
|
7.53
|
|
3- Year
|
7.45
|
7.95
|