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
|
7.38
|
7.88
|
|
2 – Week
|
7.42
|
7.92
|
|
1 – Month
|
7.48
|
7.98
|
|
3 – Month
|
7.68
|
7.93
|
|
6 – Month
|
7.78
|
8.03
|
|
9 – Month
|
7.86
|
8.36
|
|
1 – Year
|
7.93
|
8.43
|
|
2 – Year
|
8.37
|
8.87
|
|
3- Year
|
8.72
|
9.22
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