Karachi, October 23, 2025 – The State Bank of Pakistan (SBP) released the latest Karachi Interbank Offered Rates (KIBOR) for Thursday, reflecting minor changes across short- and long-term tenors compared to the previous day.
The KIBOR, a key benchmark rate used by banks for lending and borrowing, is revised daily by the SBP to reflect current interbank market conditions.
KIBOR Rates – Thursday, October 23, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.83 | 11.33 |
| 2 – Week | 10.84 | 11.34 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.90 | 11.15 |
| 6 – Month | 10.93 | 11.18 |
| 9 – Month | 10.89 | 11.39 |
| 1 – Year | 10.90 | 11.40 |
KIBOR Rates – Wednesday, October 22, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.84 | 11.34 |
| 2 – Week | 10.84 | 11.34 |
| 1 – Month | 10.87 | 11.37 |
| 3 – Month | 10.90 | 11.15 |
| 6 – Month | 10.93 | 11.18 |
| 9 – Month | 10.88 | 11.38 |
| 1 – Year | 10.89 | 11.39 |
The latest data shows minor variations across the short-term rates, indicating steady interbank liquidity conditions. Analysts believe the rates are likely to remain stable in the near term amid cautious monetary policy outlook.
The KIBOR updates play a vital role in Pakistan’s financial sector, influencing lending rates, loan pricing, and overall credit market stability nationwide.
These daily updates from the State Bank of Pakistan guide financial institutions, support market transparency, and strengthen monetary policy effectiveness across the banking industry.