what is the difference of 6 months kibor and 3 months kibor?
Joseph Kibor was born in 1972.
kibor rate on 16 November 2010?
The Karachi Inter-bank Offered Rate, or KIBOR, is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or inter-bank market.
KIBOR means Karachi interbank Offer rate and it is calculated by State bank of Pakistan on daily bases. how SBP calculate it,,, its not a rocket science.......... every morning SBP demands qoutations for lending/borrowing rates of (1-month rates to 3-year rates) from Primary Dealer i.e.(around 20 strong commercial Banks of Pakistan) and these rates are floated on routers,,,,,,,,,,,,, so now what SBP do it eliminates 3 Top qoutes from higher side and 3 bottom qoutes from lower side and take the Average of those 14 or 15 Qoutation in-between................. thats the KIBOR for the DAY. Around 11 A.M every working day it is provided by SBP.
It stands for Karachi Inter-Bank Offer Rate.
It is Karachi Inter Bank Offer Rate (KIBOR), given by specialized institution on daily, weekly, monthly and on 1, 2 and 3 yearly basis to all the commercial banks of Pakistan so that they charge interest to their customers on that basis. This rate is inflation adjusted rate and then banks by adding 2 or 3% in KIBOR rate charge their customers for their profit.
Idont know
A 6 month baby is six month old
KIBOR is stand for "The Karachi inter-bank offered rate" which is used by the banks in order to lend the money with each others and with their customers. This is the minimum interest rate (inflation adjusted) which the banks have to charge from their customers.
Months of the Year:-JanFebMarAprMayJunJulAugSepOctNovDec9-6=3 the third month is March.
about 6$ for 1 month 30$ for 6 month 60$ for a year(12 month)
6 months