Karachi Inter Bank Offered Rate
(redirected from Karachi Interbank Offered Rate)Also found in: Acronyms.
Karachi Inter Bank Offered Rate
Commonly called KIBOR. The average interest rate that prime banks in Pakistan offer for term deposits.
Also found in: Acronyms.
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The base rate will be defined as six-month Karachi Interbank Offered Rate (Kibor) ask side prevailing on the base rate setting date, subject to a floor and cap.
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