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 | 6.92 | 7.42 |
| 2 – Week | 6.92 | 7.42 |
| 1 – Month | 6.93 | 7.43 |
| 3 – Month | 6.98 | 7.23 |
| 6 – Month | 7.00 | 7.25 |
| 9 – Month | 7.02 | 7.52 |
| 1 – Year | 7.02 | 7.52 |