Karachi, October 15, 2025 – The State Bank of Pakistan (SBP) on Wednesday issued the latest Karachi Interbank Offered Rates (KIBOR), reflecting interbank lending trends for short- and long-term tenors.
These rates play a vital role in determining borrowing costs for banks and corporate entities, influencing lending and investment decisions across Pakistan’s financial sector.
The newly announced KIBOR rates for October 15, 2025, show marginal movement compared to the previous day’s figures, indicating market stability amid expectations of steady monetary policy. Financial analysts note that while short-term tenors remain mostly unchanged, minor adjustments in medium- and long-term tenors reflect liquidity balance in the banking market.
KIBOR Rates – Wednesday, October 15, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.90 | 11.40 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.90 | 11.40 |
| 3-Month | 10.92 | 11.17 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.89 | 11.39 |
| 1-Year | 10.91 | 11.41 |
KIBOR Rates – Tuesday, October 14, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.90 | 11.40 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.90 | 11.40 |
| 3-Month | 10.92 | 11.17 |
| 6-Month | 10.92 | 11.17 |
| 9-Month | 10.88 | 11.38 |
| 1-Year | 10.91 | 11.41 |
Overall, the KIBOR remained steady, suggesting consistent liquidity in the interbank market and signaling confidence in the SBP’s monetary stance.
Financial experts believe that maintaining stable KIBOR rates will support predictable borrowing costs, encourage private investment, and sustain economic momentum amid ongoing fiscal adjustments and external challenges.