Karachi, August 20, 2025 – The State Bank of Pakistan (SBP) has officially issued the Karachi Interbank Offered Rates (KIBOR) for Wednesday, August 20, 2025. These benchmark rates are closely followed by banks, financial institutions, and corporate borrowers, as KIBOR serves as a key indicator for lending costs in Pakistan’s money market.
The newly released data shows marginal variations compared to the previous trading day, reflecting market liquidity conditions and short-term borrowing demand. While shorter tenors like 1-week and 2-week remained steady, noticeable adjustments were observed in the 1-month tenor, highlighting shifts in interbank expectations.
KIBOR Rates – August 20, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.84 | 11.34 |
| 2 – Week | 10.84 | 11.34 |
| 1 – Month | 10.83 | 11.33 |
| 3 – Month | 10.81 | 11.06 |
| 6 – Month | 10.81 | 11.06 |
| 9 – Month | 10.77 | 11.27 |
| 1 – Year | 10.77 | 11.27 |
KIBOR Rates – August 19, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.84 | 11.34 |
| 2 – Week | 10.82 | 11.32 |
| 1 – Month | 10.79 | 11.29 |
| 3 – Month | 10.80 | 11.05 |
| 6 – Month | 10.80 | 11.05 |
| 9 – Month | 10.76 | 11.26 |
| 1 – Year | 10.76 | 11.26 |
The SBP’s daily issuance of KIBOR is critical for transparency and market stability. Any shifts in these rates not only guide interbank lending but also affect corporate financing and government borrowing strategies. This ensures informed decision-making, enhances predictability, and strengthens the overall financial market structure.