Karachi, March 3, 2026 – The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for Tuesday, March 3, 2026, providing key benchmark interest rates used by banks and financial institutions across Pakistan.
KIBOR serves as a critical reference rate for corporate lending, consumer financing, and various floating-rate financial products. The daily rates help banking customers, investors, and businesses assess borrowing costs and market liquidity conditions.
Below are the latest KIBOR rates issued by the SBP, along with a comparison from the previous trading day.
KIBOR Rates – March 3, 2026
| Tenor | Bid (%) | Offer (%) |
| 1 – Week | 10.29 | 10.79 |
| 2 – Week | 10.29 | 10.79 |
| 1 – Month | 10.29 | 10.79 |
| 3 – Month | 10.37 | 10.62 |
| 6 – Month | 10.40 | 10.65 |
| 9 – Month | 10.41 | 10.91 |
| 1 – Year | 10.44 | 10.94 |
KIBOR Rates – March 2, 2026
| Tenor | Bid (%) | Offer (%) |
| 1 – Week | 10.29 | 10.79 |
| 2 – Week | 10.29 | 10.79 |
| 1 – Month | 10.29 | 10.79 |
| 3 – Month | 10.37 | 10.62 |
| 6 – Month | 10.40 | 10.65 |
| 9 – Month | 10.41 | 10.91 |
| 1 – Year | 10.43 | 10.93 |
KIBOR Analysis – March 3, 2026
A comparison of the two days indicates that most tenors remained unchanged. However, the one-year KIBOR saw a marginal increase of 1 basis point in both bid and offer rates, rising to 10.44% and 10.94%, respectively.
The stability in short- and medium-term tenors suggests steady liquidity conditions in the interbank market. Financial analysts note that KIBOR movements often reflect expectations regarding monetary policy, inflation trends, and overall economic outlook.
Borrowers with loans linked to KIBOR, particularly in corporate and commercial sectors, may see minor adjustments in repayment obligations depending on the tenor applied.
Disclaimer: The above rates are sourced from official data issued by the State Bank of Pakistan. KIBOR is subject to daily fluctuations based on market conditions. Readers are advised to consult their financial institutions for the most accurate and applicable lending rates.