Karachi, October 14, 2025 — The State Bank of Pakistan (SBP) has officially released the latest Karachi Interbank Offered Rates (KIBOR) for Tuesday, reflecting marginal changes compared to the previous day. KIBOR, a key benchmark used by banks and financial institutions to determine lending and borrowing costs, remains one of the most important indicators of short-term interest rates in Pakistan’s money market.
The newly issued KIBOR rates for October 14, 2025, show stability across most tenors, indicating consistent liquidity and steady market confidence. While short-term KIBOR tenors such as one-week and one-month maintained similar figures to the previous session, a slight variation was observed in the one-month bid rate.
The SBP’s daily announcement of KIBOR helps corporate borrowers, banks, and investors gauge market trends and plan financial decisions accordingly. A stable KIBOR environment often signals balanced market liquidity, contributing to a favorable business climate.
Below are the detailed KIBOR rates for Tuesday, October 14, 2025, compared with Monday, October 13, 2025:
Tuesday, October 14, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.90 | 11.40 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.90 | 11.40 |
| 3-Month | 10.92 | 11.17 |
| 6-Month | 10.92 | 11.17 |
| 9-Month | 10.88 | 11.38 |
| 1-Year | 10.91 | 11.41 |
Monday, October 13, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.90 | 11.40 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.92 | 11.17 |
| 6-Month | 10.92 | 11.17 |
| 9-Month | 10.88 | 11.38 |
| 1-Year | 10.91 | 11.41 |
The consistent movement in KIBOR rates demonstrates overall market stability and reflects cautious optimism in Pakistan’s interbank market.