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.
Kibor Rates In Pakistan | ||
---|---|---|
TENOR | BID | OFFER |
1 – Week | 6.85 | 7.35 |
2 – Week | 6.90 | 7.40 |
1 – Month | 6.97 | 7.47 |
3 – Month | 7.14 | 7.39 |
6 – Month | 7.40 | 7.65 |
9 – Month | 7.50 | 8.00 |
1 – Year | 7.55 | 8.05 |
Updated on 4 Feb, 2021 |