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 | 13.05 | 13.55 |
2 – Week | 13.08 | 13.58 |
1 – Month | 13.13 | 13.63 |
3 – Month | 13.30 | 13.55 |
6 – Month | 13.25 | 13.50 |
9 – Month | 13.04 | 13.54 |
1 – Year | 12.93 | 13.43 |
2 – Year | 12.13 | 12.63 |
3- Year | 11.55 | 12.05 |