Karachi, February 6, 2026 – The State Bank of Pakistan (SBP) on Friday released the daily Karachi Interbank Offered Rates (KIBOR) to facilitate banking consumers, financial institutions, and market participants. KIBOR serves as a key benchmark interest rate for lending, borrowing, and pricing of various financial products across Pakistan’s banking sector.
The latest data shows a marginal upward movement in several tenors compared to the previous trading session on February 4, reflecting slight changes in short- and long-term liquidity conditions. The SBP and commercial banks remained closed on February 5 due to a public holiday announced by the government on the occasion of Kashmir Day, which resulted in no rate publication on that day.
Market analysts said that minor fluctuations in KIBOR are expected amid evolving monetary policy expectations, inflation outlook, and interbank liquidity dynamics. Businesses and borrowers closely monitor these rates as they directly impact loan pricing, financing costs, and investment decisions.
Below are the updated KIBOR rates for February 6, 2026, along with a comparison from February 4, 2026:
KIBOR – February 6, 2026
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.24 | 10.74 |
| 2-Week | 10.24 | 10.74 |
| 1-Month | 10.24 | 10.74 |
| 3-Month | 10.26 | 10.51 |
| 6-Month | 10.26 | 10.51 |
| 9-Month | 10.26 | 10.76 |
| 1-Year | 10.26 | 10.76 |
KIBOR – February 4, 2026
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.24 | 10.74 |
| 2-Week | 10.24 | 10.74 |
| 1-Month | 10.24 | 10.74 |
| 3-Month | 10.25 | 10.50 |
| 6-Month | 10.25 | 10.50 |
| 9-Month | 10.24 | 10.74 |
| 1-Year | 10.24 | 10.74 |