Karachi Inter Bank Offered Rate
(redirected from Karachi Inter-Bank Offered Rate)Karachi Inter Bank Offered Rate
Commonly called KIBOR. The average interest rate that prime banks in Pakistan offer for term deposits.
References in periodicals archive
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Experts also urged that financing through domestic banks had been arranged at Karachi inter-bank offered rate plus 1.
It led to an average decline of 200 basis point in six-month Karachi Inter-bank Offered Rate (Kibor).
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