Karachi, November 14, 2025 – The State Bank of Pakistan (SBP) on Friday released the latest Karachi Interbank Offered Rates (KIBOR), providing updated benchmark lending rates used across the banking and corporate sectors.
The revised rates for November 14, 2025 reflect minor fluctuations compared to the previous day, offering valuable insight for financial institutions and borrowers.
Below are the updated KIBOR rates for Friday, November 14, 2025, followed by the comparative rates issued on Thursday, November 13, 2025:
Friday, November 14, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.88 | 11.38 |
| 2 – Week | 10.87 | 11.37 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.90 | 11.15 |
| 6 – Month | 10.94 | 11.19 |
| 9 – Month | 10.96 | 11.46 |
| 1 – Year | 10.97 | 11.47 |
Thursday, November 13, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.84 | 11.34 |
| 2 – Week | 10.86 | 11.36 |
| 1 – Month | 10.88 | 11.38 |
| 3 – Month | 10.90 | 11.15 |
| 6 – Month | 10.94 | 11.19 |
| 9 – Month | 10.97 | 11.47 |
| 1 – Year | 10.99 | 11.49 |
KIBOR, the Karachi Interbank Offered Rate, serves as a key benchmark interest rate indicating the average rate at which commercial banks lend to each other in the interbank market. The benchmark is crucial for pricing corporate loans, financial products, and lending agreements across Pakistan’s banking sector. The rate is calculated daily based on submissions from 20 major banks, with the highest and lowest quotes removed to ensure accuracy, as outlined by the SBP.
These updated KIBOR rates continue to guide financial institutions, borrowers, and investors, helping them assess borrowing costs and make informed financial decisions in a dynamic market environment.