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 | 5.71 | 6.21 |
2 – Week | 5.75 | 6.25 |
1 – Month | 5.78 | 6.28 |
3 – Month | 5.91 | 6.16 |
6 – Month | 5.92 | 6.20 |
9 – Month | 5.98 | 6.48 |
1 – Year | 6.00 | 6.50 |
2 – Year | 6.26 | 6.76 |
3- Year | 6.51 | 7.01 |