Karachi, September 9, 2025 – The State Bank of Pakistan (SBP) on Tuesday released the latest Karachi Interbank Offered Rates (KIBOR), reflecting marginal fluctuations across short- and long-term tenors compared with the previous day.
These rates serve as a benchmark for banks and financial institutions, influencing borrowing costs for corporate and commercial lending.
Market observers noted that while overall movements were limited, the adjustments highlight the sensitive nature of liquidity conditions in the interbank market. Even minor changes in KIBOR rates can impact loan pricing, investment decisions, and broader financial flows across Pakistan’s economy.
The detailed comparison of KIBOR issued by the SBP for September 9 and September 8, 2025, is provided below:
September 9, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.80 | 11.30 |
| 2 – Week | 10.76 | 11.26 |
| 1 – Month | 10.74 | 11.24 |
| 3 – Month | 10.77 | 11.02 |
| 6 – Month | 10.78 | 11.03 |
| 9 – Month | 10.75 | 11.25 |
| 1 – Year | 10.76 | 11.26 |
September 8, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.79 | 11.29 |
| 2 – Week | 10.77 | 11.27 |
| 1 – Month | 10.74 | 11.24 |
| 3 – Month | 10.78 | 11.03 |
| 6 – Month | 10.79 | 11.04 |
| 9 – Month | 10.75 | 11.25 |
| 1 – Year | 10.76 | 11.26 |
Financial experts emphasize that monitoring KIBOR trends remains essential for borrowers and lenders alike, as even slight shifts in rates can alter financing strategies and business planning.