Karachi, October 28, 2025 – The State Bank of Pakistan (SBP) on Tuesday released the latest Karachi Interbank Offered Rates (KIBOR) to assist banks, financial institutions, and the general public in monitoring short-term borrowing costs in the interbank market.
The KIBOR is a key benchmark interest rate used by commercial banks to determine the cost of lending between financial institutions and plays a critical role in pricing corporate loans and other financial instruments.
Following are the KIBOR rates for Tuesday, October 28, 2025, compared with the previous day’s rates issued on Monday, October 27, 2025:
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KIBOR Rates – Tuesday, October 28, 2025
| Tenor | Bid (%) | Offer (%) |
| 1 – Week | 10.78 | 11.28 |
| 2 – Week | 10.81 | 11.31 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.91 | 11.16 |
| 6 – Month | 10.94 | 11.19 |
| 9 – Month | 10.90 | 11.40 |
| 1 – Year | 10.91 | 11.41 |
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KIBOR Rates – Monday, October 27, 2025
| Tenor | Bid (%) | Offer (%) |
| 1 – Week | 10.83 | 11.33 |
| 2 – Week | 10.84 | 11.34 |
| 1 – Month | 10.88 | 11.38 |
| 3 – Month | 10.90 | 11.15 |
| 6 – Month | 10.93 | 11.18 |
| 9 – Month | 10.89 | 11.39 |
| 1 – Year | 10.89 | 11.39 |
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According to the State Bank of Pakistan, the KIBOR data is compiled based on submissions from major banks to reflect prevailing interbank lending rates. Minor variations in rates were observed across different tenors, suggesting stable short-term liquidity in the banking system.
Financial experts note that consistent KIBOR trends indicate steady monetary conditions as the market awaits further direction from the upcoming Monetary Policy Committee (MPC) decision.