Karachi, November 13, 2025 – The State Bank of Pakistan (SBP) on Thursday released the latest Karachi Interbank Offered Rates (KIBOR), showing minor variations across short- and long-term lending tenors.
The updated rates are announced daily to help banks, financial institutions, and corporate borrowers in setting benchmark interest rates for lending and borrowing.
The data below reflects the KIBOR rates for November 13, 2025, compared with the previous day’s figures on November 12, 2025.
KIBOR Rates – Thursday, November 13, 2025
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.84 | 11.34 |
| 2-Week | 10.86 | 11.36 |
| 1-Month | 10.88 | 11.38 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.94 | 11.19 |
| 9-Month | 10.97 | 11.47 |
| 1-Year | 10.99 | 11.49 |
KIBOR Rates – Wednesday, November 12, 2025
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.88 | 11.38 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.91 | 11.16 |
| 6-Month | 10.94 | 11.19 |
| 9-Month | 10.95 | 11.45 |
| 1-Year | 10.98 | 11.48 |
Financial experts note that the slight decline in short-term KIBOR rates indicates improved liquidity in the banking system, while stability in medium-term rates suggests steady monetary policy expectations. Businesses and borrowers often monitor KIBOR closely as it influences loan pricing, profit margins, and financial planning in Pakistan’s credit market.
Analysts suggest that stable KIBOR trends reflect controlled inflation expectations, steady monetary outlook, and improved liquidity across Pakistan’s interbank money market system.