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 | 12.26 | 12.76 |
2 – Week | 12.27 | 12.77 |
1 – Month | 12.21 | 12.81 |
3 – Month | 12.68 | 12.93 |
6 – Month | 12.81 | 13.06 |
9 – Month | 12.93 | 13.43 |
1 – Year | 13.10 | 13.60 |
2 – Year | 13.39 | 13.89 |
3- Year | 13.51 | 14.01 |