Karachi, March 6, 2026: The State Bank of Pakistan (SBP) released the latest Karachi Interbank Offered Rates (KIBOR) for Friday, March 6, 2026, signaling a notable increase ahead of the upcoming monetary policy announcement scheduled for March 9, 2026.
KIBOR rates serve as a key benchmark for short-term interest rates in Pakistan’s banking sector and are widely used by financial institutions to price loans, deposits, and other financial instruments. The recent uptick reflects market anticipation of SBP’s policy stance in response to inflationary pressures and domestic liquidity conditions.
KIBOR Rates – March 6, 2026
| Tenor | Bid (%) | Offer (%) |
| 1 Week | 10.36 | 10.86 |
| 2 Week | 10.36 | 10.86 |
| 1 Month | 10.38 | 10.88 |
| 3 Month | 10.48 | 10.73 |
| 6 Month | 10.55 | 10.80 |
| 9 Month | 10.71 | 11.21 |
| 1 Year | 10.74 | 11.74 |
KIBOR Rates – March 5, 2026
| Tenor | Bid (%) | Offer (%) |
| 1 Week | 10.33 | 10.83 |
| 2 Week | 10.33 | 10.83 |
| 1 Month | 10.34 | 10.84 |
| 3 Month | 10.45 | 10.70 |
| 6 Month | 10.51 | 10.76 |
| 9 Month | 10.61 | 11.11 |
| 1 Year | 10.63 | 11.13 |
The increase in KIBOR rates across most tenors indicates that financial markets are factoring in potential policy adjustments by the SBP to manage liquidity, inflation, and currency stability. Analysts expect the SBP monetary policy decision on March 9 to have a significant impact on interest rate trends and banking sector activity.
Investors, banks, and businesses are closely monitoring these developments, as changes in KIBOR influence loan pricing, investment decisions, and borrowing costs throughout the economy. The daily updates provided by SBP ensure transparency and help market participants make informed financial decisions ahead of key policy announcements.