Karachi, September 4, 2025 – The State Bank of Pakistan (SBP) on Thursday released the latest Karachi Interbank Offered Rate (KIBOR) figures, providing the financial sector with an updated benchmark for short-term lending between banks.
These KIBOR rates play a vital role in determining borrowing costs for businesses, financial institutions, and in some cases, retail lending products.
According to the SBP notification, a slight fluctuation was observed in the daily comparison of bid and offer prices. While most tenors remained stable, minor adjustments were noted in the one-month and two-week tenors.
KIBOR Rates – September 4, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.80 | 11.30 |
| 2 – Week | 10.79 | 11.29 |
| 1 – Month | 10.76 | 11.26 |
| 3 – Month | 10.78 | 11.03 |
| 6 – Month | 10.79 | 11.04 |
| 9 – Month | 10.76 | 11.26 |
| 1 – Year | 10.77 | 11.27 |
KIBOR Rates – September 3, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.80 | 11.30 |
| 2 – Week | 10.78 | 11.28 |
| 1 – Month | 10.74 | 11.24 |
| 3 – Month | 10.78 | 11.03 |
| 6 – Month | 10.79 | 11.04 |
| 9 – Month | 10.76 | 11.26 |
| 1 – Year | 10.76 | 11.26 |
Market analysts note that the stability of KIBOR rates reflects steady liquidity conditions in the interbank market. Even small variations in these rates are closely monitored by banks and corporate borrowers, as they directly influence financing costs and investment decisions in Pakistan’s economy.