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 | 13.08 | 13.58 |
2 – Week | 13.47 | 13.97 |
1 – Month | 13.85 | 14.35 |
3 – Month | 15.11 | 15.36 |
6 – Month | 15.27 | 15.52 |
9 – Month | 15.32 | 15.82 |
1 – Year | 15.39 | 15.89 |
Last Updated on 7th July 2022 | ||
Source: SBP |