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.
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KIBOR RATES IN PAKISTAN
|
||
---|---|---|
TENOR
|
BID
|
OFFER
|
1 – Week
|
5.94
|
6.44
|
2 – Week
|
5.97
|
6.47
|
1 – Month
|
6.01
|
6.51
|
3 – Month
|
6.16
|
6.41
|
6 – Month
|
6.22
|
6.47
|
9 – Month
|
6.26
|
6.76
|
1 – Year
|
6.34
|
6.84
|
2 – Year
|
6.91
|
7.41
|
3- Year
|
7.31
|
7.81
|