Karachi, November 19, 2025 – The State Bank of Pakistan (SBP) on Wednesday released the latest Karachi Interbank Offered Rates (KIBOR), providing updated benchmark lending rates used by banks and financial institutions for pricing loans, corporate financing, and other credit products.
The daily KIBOR update is a key indicator for businesses and borrowers assessing short-term borrowing costs in the interbank market.
The updated tables below show the comparative movement in KIBOR rates between Wednesday, November 19, and Tuesday, November 18, highlighting slight adjustments in bid and offer levels across various tenors.
KIBOR Rates – Wednesday, November 19, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.91 | 11.41 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.94 | 11.19 |
| 9-Month | 10.94 | 11.44 |
| 1-Year | 10.97 | 11.47 |
KIBOR Rates – Tuesday, November 18, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.89 | 11.39 |
| 2-Week | 10.89 | 11.39 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.94 | 11.19 |
| 9-Month | 10.96 | 11.46 |
| 1-Year | 10.98 | 11.48 |
A minor upward trend was observed in select short-term tenors, while most medium- and long-term rates remained stable. Financial analysts note that these marginal shifts reflect routine liquidity movements in the interbank market. The SBP will continue to publish daily KIBOR updates to ensure transparency and support informed financial decision-making.