Karachi, July 24, 2025 – The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for Thursday, July 24, 2025, showing a slight downward trend across multiple tenors compared to the previous day’s rates.
These KIBOR rates are used as a benchmark by financial institutions to price lending to their corporate clients and reflect the overall sentiment in the interbank money market.
According to the SBP, the KIBOR rates for July 24 have softened marginally for most tenors, indicating improved liquidity and stable short-term borrowing conditions in the banking sector. This daily data release provides critical insights for commercial banks, corporate borrowers, and financial analysts monitoring interest rate trends.
Below is a comparative table showing KIBOR bid and offer rates for July 24, 2025, and July 23, 2025:
| Tenor | Bid (July 24) | Offer (July 24) | Bid (July 23) | Offer (July 23) |
| 1-Week | 10.87% | 11.37% | 10.92% | 11.42% |
| 2-Week | 10.76% | 11.26% | 10.88% | 11.38% |
| 1-Month | 10.67% | 11.17% | 10.84% | 11.34% |
| 3-Month | 10.63% | 10.88% | 10.80% | 11.05% |
| 6-Month | 10.62% | 10.87% | 10.74% | 10.99% |
| 9-Month | 10.57% | 11.07% | 10.70% | 11.20% |
| 1-Year | 10.56% | 11.06% | 10.66% | 11.16% |
The marginal declines suggest that the interbank market remains stable and adequately funded, with no signs of immediate liquidity stress. The SBP’s continued monitoring and publication of KIBOR rates helps maintain transparency and informed decision-making within Pakistan’s financial ecosystem.