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KIBOR information


The Karachi Interbank Offered Rate (KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market.[1] The banks used it as a benchmark in their lending to corporate sector.[2]

It is also known as the benchmark rate and is published by Financial Market Association of Pakistan.[2]

  1. ^ "SBP exempts Islamic banks from using KIBOR". November 1, 2016.
  2. ^ a b "State Bank of Pakistan". www.sbp.org.pk.

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