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 | 21.79 | 22.29 |
| 2 – Week | 21.79 | 22.29 |
| 1 – Month | 21.79 | 22.29 |
| 3 – Month | 21.54 | 21.79 |
| 6 – Month | 21.49 | 21.74 |
| 9 – Month | 21.11 | 21.61 |
| 1 – Year | 20.99 | 21.49 |
| Last Updated on 28th Feb 2024 | ||
| Source: SBP | ||