Karachi, October 3, 2025 – The State Bank of Pakistan (SBP) on Friday released the latest Karachi Interbank Offered Rates (KIBOR), showing small adjustments across different tenors compared to the previous day.
These rates are closely watched by banks, financial institutions, and corporate borrowers as they influence the cost of financing in the interbank market.
According to the update, slight declines were seen in the short-term tenors, while medium and long-term KIBOR rates remained largely stable. Analysts believe the marginal changes reflect liquidity management by banks ahead of the weekend and signals of cautious sentiment in the money market.
The following tables illustrate the official KIBOR rates issued by SBP for Friday, October 3, 2025, as compared to Thursday, October 2, 2025.
Friday, October 3, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.91 | 11.41 |
| 2 – Week | 10.91 | 11.41 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.91 | 11.16 |
| 6 – Month | 10.91 | 11.16 |
| 9 – Month | 10.88 | 11.38 |
| 1 – Year | 10.87 | 11.37 |
Thursday, October 2, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.94 | 11.44 |
| 2 – Week | 10.92 | 11.42 |
| 1 – Month | 10.91 | 11.41 |
| 3 – Month | 10.91 | 11.16 |
| 6 – Month | 10.92 | 11.17 |
| 9 – Month | 10.90 | 11.40 |
| 1 – Year | 10.90 | 11.40 |
Overall, the KIBOR rates indicate stability with only fractional downward movements, suggesting that money market liquidity remains comfortable.