Karachi, July 17, 2025 – The State Bank of Pakistan (SBP) has released the official Karachi Interbank Offered Rates (KIBOR) for Thursday, July 17, 2025, providing critical insight into interbank borrowing costs across various tenors.
These KIBOR rates, updated daily, play a vital role in determining short- to long-term lending rates in Pakistan’s banking system.
KIBOR is widely used as a benchmark interest rate that reflects the average rate at which banks lend unsecured funds to one another in the interbank market. The KIBOR figures released on July 17 offer an essential indicator of prevailing market sentiments, liquidity trends, and monetary policy expectations.
The official KIBOR rates for July 17, 2025, as announced by the SBP, are detailed below:
| Tenor | Bid (%) | Offer (%) |
| 1 – Week | 10.92 | 11.42 |
| 2 – Week | 10.90 | 11.40 |
| 1 – Month | 10.86 | 11.36 |
| 3 – Month | 10.81 | 11.06 |
| 6 – Month | 10.77 | 11.02 |
| 9 – Month | 10.70 | 11.20 |
| 1 – Year | 10.66 | 11.16 |
These rates, effective as of July 17, provide both bid and offer values, representing the range within which interbank borrowing is expected to occur. Financial institutions use KIBOR as a reference for pricing loans, trade financing, and deposit products, making it a central pillar of Pakistan’s monetary infrastructure.
Analysts and financial planners closely monitor KIBOR rates to assess liquidity conditions and adjust their strategies accordingly. The publication of KIBOR on July 17 is particularly relevant as markets respond to recent policy moves and economic data.
The SBP’s continued commitment to publishing KIBOR enhances market transparency and empowers businesses, investors, and individuals to make data-driven financial decisions. The availability of daily KIBOR rates ensures real-time insights into the cost of borrowing, which influences corporate lending, mortgage pricing, and capital market activities.
As always, the SBP advises stakeholders to consult the latest official updates, as KIBOR rates are subject to market fluctuations. The release of these benchmarks on July 17 underscores the SBP’s dedication to ensuring transparency and stability in the financial system.