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 | 6.84 | 7.34 |
| 2 – Week | 6.81 | 7.31 |
| 1 – Month | 6.74 | 7.24 |
| 3 – Month | 6.70 | 6.95 |
| 6 – Month | 6.70 | 6.95 |
| 9 – Month | 6.62 | 7.12 |
| 1 – Year | 6.62 | 7.12 |