The money market dealers said, the six-month Kaibor has witnessed decline following the reduction of 50 basis points in the discount rate by the State Bank of Pakistan.
They said the annual Kaibor has also shrunk by 13.04 percent to 12.77 percent.
Wednesday, November 25, 2009
Six-month Kaibor slashes by 24 points
The money market dealers said, the six-month Kaibor has witnessed decline following the reduction of 50 basis points in the discount rate by the State Bank of Pakistan.
They said the annual Kaibor has also shrunk by 13.04 percent to 12.77 percent.
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