Karachi, August 27, 2025 – The State Bank of Pakistan (SBP) has issued updated Karachi Interbank Offered Rates (KIBOR) for Wednesday, August 27, 2025. These benchmark rates are essential for interbank lending and are widely referenced by banks, corporate borrowers, and financial institutions in determining short-term lending costs.
KIBOR serves as a critical indicator for market liquidity and reflects underlying monetary conditions. A comparison with the previous day’s data reveals subtle shifts across various tenors.
KIBOR – August 27, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.84 | 11.34 |
| 2-Week | 10.81 | 11.31 |
| 1-Month | 10.79 | 11.29 |
| 3-Month | 10.78 | 11.03 |
| 6-Month | 10.78 | 11.03 |
| 9-Month | 10.76 | 11.26 |
| 1-Year | 10.77 | 11.27 |
KIBOR – August 26, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.87 | 11.37 |
| 2-Week | 10.82 | 11.32 |
| 1-Month | 10.78 | 11.28 |
| 3-Month | 10.79 | 11.04 |
| 6-Month | 10.79 | 11.04 |
| 9-Month | 10.75 | 11.25 |
| 1-Year | 10.77 | 11.27 |
Analysis
KIBOR rates for shorter tenors (1-Week and 2-Week) dropped slightly by 0.03 and 0.01 points respectively, indicating improved liquidity. The 1-Month tenor rose marginally on the offer side, while the 1-Year tenor remained unchanged, reflecting market stability in longer-term funding rates.
Disclaimer
KIBOR rates are indicative benchmarks published by SBP for reference purposes only. They are not binding for actual lending or borrowing transactions. Market participants should confirm prevailing rates directly with their respective financial institutions before finalizing agreements.