Karachi, July 31, 2025 – The State Bank of Pakistan (SBP) released the latest Karachi Interbank Offered Rates (KIBOR) for Thursday, providing key benchmarks for commercial lending between banks. These KIBOR rates are essential indicators of prevailing interest rates used in corporate financing and interbank borrowing.
The updated rates show slight upward movement compared to the previous day, reflecting liquidity trends and market sentiments in the financial sector. The SBP routinely publishes these figures to ensure transparency in the banking system and to assist financial institutions, businesses, and investors in making informed borrowing decisions.
KIBOR Rates – July 31, 2025
| Tenor | Bid (%) | Offer (%) |
| 1 – Week | 10.80 | 11.30 |
| 2 – Week | 11.84 | 11.34 |
| 1 – Month | 10.85 | 11.35 |
| 3 – Month | 10.78 | 11.03 |
| 6 – Month | 10.77 | 11.02 |
| 9 – Month | 10.73 | 11.23 |
| 1 – Year | 10.73 | 11.23 |
KIBOR Rates – July 30, 2025 (For Comparison)
| Tenor | Bid (%) | Offer (%) |
| 1 – Week | 10.61 | 11.11 |
| 2 – Week | 10.59 | 11.09 |
| 1 – Month | 10.57 | 11.07 |
| 3 – Month | 10.57 | 10.82 |
| 6 – Month | 10.58 | 10.83 |
| 9 – Month | 10.55 | 11.05 |
| 1 – Year | 10.53 | 11.03 |
The SBP uses KIBOR as a key monetary policy reference rate. The upward trend in today’s KIBOR rates signals a tightening stance by banks and may influence future lending and deposit behaviors across the banking sector.