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 | 21.84 | 22.34 |
| 2 – Week | 21.80 | 22.30 |
| 1 – Month | 21.78 | 22.28 |
| 3 – Month | 21.64 | 21.89 |
| 6 – Month | 21.38 | 21.63 |
| 9 – Month | 21.00 | 21.50 |
| 1 – Year | 20.74 | 21.24 |
| Last Updated on 26th Mar 2024 | ||
| Source: SBP | ||