Karachi, November 26, 2025 – The State Bank of Pakistan (SBP) on Wednesday released the updated Karachi Interbank Offered Rates (KIBOR), providing essential benchmark lending rates used by banks for short-term financing.
These daily KIBOR updates are widely referenced by financial institutions, corporate borrowers, and market analysts to evaluate borrowing costs, liquidity trends, and interest-rate movements across different tenors.
The SBP issues these indicative rates based on quotations submitted by commercial banks participating in the interbank market. The latest update reflects changes observed between November 25 and November 26, offering a comparative view of how borrowing sentiment and market conditions have shifted.
Below are the KIBOR rates for November 26, 2025:
KIBOR – November 26, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.88 | 11.38 |
| 2-Week | 10.87 | 11.37 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.94 | 11.19 |
| 9-Month | 10.94 | 11.44 |
| 1-Year | 10.97 | 11.47 |
KIBOR – November 25, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.89 | 11.39 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.94 | 11.19 |
| 9-Month | 10.96 | 11.46 |
| 1-Year | 10.98 | 11.48 |
A comparison of both days shows slight adjustments in short- and long-term rates, indicating subtle shifts in liquidity expectations. Market participants closely monitor KIBOR to anticipate borrowing trends, negotiate financing terms, and assess overall economic direction. The daily release continues to play a crucial role in supporting transparency and financial planning within Pakistan’s banking sector.