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 | 21.81 | 22.31 |
| 2 – Week | 21.73 | 22.23 |
| 1 – Month | 21.67 | 22.17 |
| 3 – Month | 21.47 | 21.72 |
| 6 – Month | 21.18 | 21.43 |
| 9 – Month | 20.86 | 21.36 |
| 1 – Year | 20.47 | 20.97 |
| Last Updated on 26th Apr 2024 | ||
| Source: SBP | ||