Karachi, October 24, 2025 – The State Bank of Pakistan (SBP) has announced the latest Karachi Interbank Offered Rates (KIBOR) for Friday, October 24, 2025.
These benchmark rates play a key role in determining borrowing costs across the banking sector, influencing lending and deposit rates for both corporate and individual clients.
According to the SBP update, slight variations were observed across short- and long-term tenors compared to the previous day’s figures. KIBOR serves as the reference rate at which banks lend to one another in the interbank market, and it is widely used as a benchmark for pricing various financial products, including loans, mortgages, and corporate financing instruments.
Below are the latest KIBOR rates for Friday, October 24, 2025:
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.84 | 11.34 |
| 2-Week | 10.84 | 11.34 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.90 | 11.40 |
| 1-Year | 10.91 | 11.41 |
Comparison – Thursday, October 23, 2025:
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.83 | 11.33 |
| 2-Week | 10.84 | 11.34 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.89 | 11.39 |
| 1-Year | 10.90 | 11.40 |
The marginal changes indicate a stable trend in interbank lending conditions, reflecting market confidence and steady liquidity levels. Analysts suggest that consistent KIBOR rates signal a balanced monetary environment, aligning with SBP’s efforts to maintain financial stability and control inflationary pressures.