Karachi, July 29, 2025 – The State Bank of Pakistan (SBP) on Tuesday released the latest Karachi Interbank Offered Rates (KIBOR) for July 29, 2025, showing slight fluctuations across short-term tenors compared to the previous day.
KIBOR, which serves as a benchmark interest rate for lending between banks and pricing corporate loans, is issued daily by the SBP and closely monitored by the financial sector to gauge interbank liquidity trends and borrowing costs.
Below are the comparative KIBOR rates for July 29 and July 28, 2025:
July 29, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.67% | 11.17% |
| 2 – Week | 10.61% | 11.11% |
| 1 – Month | 10.58% | 11.08% |
| 3 – Month | 10.59% | 10.84% |
| 6 – Month | 10.59% | 10.84% |
| 9 – Month | 10.56% | 11.06% |
| 1 – Year | 10.54% | 11.04% |
July 28, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.76% | 11.26% |
| 2 – Week | 10.66% | 11.16% |
| 1 – Month | 10.61% | 11.11% |
| 3 – Month | 10.61% | 10.86% |
| 6 – Month | 10.59% | 10.84% |
| 9 – Month | 10.56% | 11.06% |
| 1 – Year | 10.54% | 11.04% |
The updated KIBOR figures reflect a slight downward trend in short-term tenors, particularly in the 1-week and 2-week segments, where bid and offer rates dipped by 9 basis points and 5 basis points respectively. Other tenors remained stable, with 6-month and 1-year KIBOR holding steady.
The SBP continues to monitor interbank trends closely as part of its monetary policy framework, using KIBOR as a vital tool for financial market transparency and lending rate benchmarking.