Karachi, October 13, 2025 – The State Bank of Pakistan (SBP) has issued the latest Karachi Interbank Offered Rates (KIBOR) for Monday, October 13, 2025, providing financial institutions and market participants with the benchmark rates used for interbank lending and corporate financing.
The newly announced KIBOR rates reflect slight fluctuations compared to the previous trading day, indicating marginal adjustments in the short-term borrowing costs among commercial banks. These rates play a vital role in determining the cost of borrowing for businesses and financial institutions across Pakistan.
Below are the updated KIBOR rates for Monday, October 13, 2025:
| Tenor | Bid | Offer |
| 1 – Week | 10.90 | 11.40 |
| 2 – Week | 10.88 | 11.38 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.92 | 11.17 |
| 6 – Month | 10.92 | 11.17 |
| 9 – Month | 10.88 | 11.38 |
| 1 – Year | 10.91 | 11.41 |
For comparison, here are the KIBOR rates recorded on Friday, October 10, 2025:
| Tenor | Bid | Offer |
| 1 – Week | 10.89 | 11.39 |
| 2 – Week | 10.89 | 11.39 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.92 | 11.17 |
| 6 – Month | 10.92 | 11.17 |
| 9 – Month | 10.88 | 11.38 |
| 1 – Year | 10.90 | 11.40 |
The SBP clarified that these KIBOR rates are derived from the average quotations of major commercial banks and serve as key indicators of prevailing money market conditions, guiding banks, investors, and corporate borrowers alike.