Karachi, August 15, 2025 – The State Bank of Pakistan (SBP) on Friday released the latest Karachi Interbank Offered Rates (KIBOR), reflecting borrowing and lending trends among banks for different maturities. KIBOR is a key benchmark for pricing corporate loans, financial products, and interbank transactions.
The rates issued for Friday show minimal changes compared to August 13, 2025, with most tenors experiencing a marginal decline in both bid and offer quotations. This slight shift suggests stability in short-term lending costs within the interbank market.
KIBOR Rates – August 15, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.87 | 11.37 |
| 2 – Week | 10.84 | 11.34 |
| 1 – Month | 10.81 | 11.31 |
| 3 – Month | 10.81 | 11.06 |
| 6 – Month | 10.80 | 11.05 |
| 9 – Month | 10.76 | 11.26 |
| 1 – Year | 10.76 | 11.26 |
KIBOR Rates – August 13, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.88 | 11.38 |
| 2 – Week | 10.85 | 11.35 |
| 1 – Month | 10.81 | 11.31 |
| 3 – Month | 10.82 | 11.07 |
| 6 – Month | 10.81 | 11.06 |
| 9 – Month | 10.75 | 11.25 |
| 1 – Year | 10.76 | 11.26 |
The SBP noted that KIBOR rates for August 14, 2025, were unavailable due to the public holiday marking Pakistan’s Independence Day. Market participants will continue to monitor KIBOR movements closely, as even small shifts can impact borrowing costs and liquidity planning across the financial sector.