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 | 20.68 | 21.18 |
2 – Week | 20.79 | 21.29 |
1 – Month | 20.96 | 21.46 |
3 – Month | 21.79 | 22.04 |
6 – Month | 21.81 | 22.06 |
9 – Month | 21.82 | 22.32 |
1 – Year | 21.83 | 22.33 |
Last Updated on 19th May 2023 | ||
Source: SBP |