Karachi, December 9, 2025 – The State Bank of Pakistan (SBP) released its updated Karachi Interbank Offered Rates (KIBOR) for Tuesday, providing financial institutions, corporate borrowers, and market analysts with key benchmark indicators for short-term lending across the banking sector.
The daily KIBOR update plays a crucial role in determining borrowing costs, influencing credit pricing, and guiding liquidity management decisions in Pakistan’s financial markets.
According to the central bank, the newly issued rates reflect modest shifts across various tenors when compared with the previous day’s data. These adjustments help financial stakeholders monitor interest rate trends and assess short-term market sentiment. KIBOR continues to serve as a vital reference rate for banks while pricing corporate loans, trade financing, and other credit instruments.
Below are the detailed KIBOR rates issued by SBP for December 9, 2025, alongside the corresponding figures recorded a day earlier on December 8, 2025:
KIBOR – December 9, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.74 | 11.24 |
| 2-Week | 10.76 | 11.26 |
| 1-Month | 10.78 | 11.28 |
| 3-Month | 10.86 | 11.11 |
| 6-Month | 10.91 | 11.16 |
| 9-Month | 10.92 | 11.42 |
| 1-Year | 10.92 | 11.42 |
KIBOR – December 8, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.78 | 11.28 |
| 2-Week | 10.78 | 11.28 |
| 1-Month | 10.79 | 11.29 |
| 3-Month | 10.85 | 11.10 |
| 6-Month | 10.90 | 11.15 |
| 9-Month | 10.90 | 11.40 |
| 1-Year | 10.91 | 11.41 |