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 | 14.90 | 15.40 |
2 – Week | 14.97 | 15.47 |
1 – Month | 15.10 | 15.60 |
3 – Month | 15.62 | 15.87 |
6 – Month | 15.65 | 15.90 |
9 – Month | 15.67 | 16.17 |
1 – Year | 15.69 | 16.19 |
Last Updated on 25th Nov 2022 | ||
Source: SBP |