Karachi, October 20, 2025 – The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for Monday, October 20, 2025.
These rates reflect the benchmark lending costs among commercial banks and serve as an important indicator for loan pricing and interbank borrowing in Pakistan.
The following are the officially issued KIBOR rates for October 20 and a comparison with the previous trading day, Friday, October 17, 2025.
KIBOR Rates – Monday, October 20, 2025
| Tenor | Bid (%) | Offer (%) |
| 1 Week | 10.88 | 11.38 |
| 2 Week | 10.87 | 11.37 |
| 1 Month | 10.89 | 11.39 |
| 3 Month | 10.90 | 11.15 |
| 6 Month | 10.93 | 11.18 |
| 9 Month | 10.90 | 11.40 |
| 1 Year | 10.90 | 11.40 |
KIBOR Rates – Friday, October 17, 2025
| Tenor | Bid (%) | Offer (%) |
| 1 Week | 10.90 | 11.40 |
| 2 Week | 10.88 | 11.38 |
| 1 Month | 10.91 | 11.41 |
| 3 Month | 10.92 | 11.17 |
| 6 Month | 10.95 | 11.20 |
| 9 Month | 10.92 | 11.42 |
| 1 Year | 10.93 | 11.43 |
The slight changes in short-term KIBOR tenors indicate a stable interbank market environment, with minimal volatility in borrowing costs. The KIBOR rate remains a crucial benchmark for corporate financing, lending rates, and monetary policy transmission across Pakistan’s banking system.
Investors, financial institutions, and businesses continue to monitor KIBOR trends closely, as they play a vital role in determining loan rates, investment yields, and overall market liquidity in Pakistan’s economy.