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 | 14.95 | 15.45 |
2 – Week | 14.99 | 15.49 |
1 – Month | 15.09 | 15.59 |
3 – Month | 15.66 | 15.91 |
6 – Month | 15.75 | 16.00 |
9 – Month | 15.79 | 16.29 |
1 – Year | 15.84 | 16.34 |
Last Updated on 12th Aug 2022 | ||
Source: SBP |