Karachi, November 24, 2025 – The State Bank of Pakistan (SBP) released the updated Karachi Interbank Offered Rates (KIBOR) for Monday, providing the banking sector, borrowers, and corporate clients with the latest benchmark lending rates.
KIBOR is widely used by financial institutions to determine lending costs for consumer financing, corporate loans, and other credit-related transactions.
The newly issued rates reflect marginal fluctuations across various tenors compared to the previous working day, Friday, November 21, 2025. These small adjustments play a significant role in shaping short-term borrowing trends, impacting banks, businesses, and financial markets.
Below are the comparative KIBOR rates for both dates, enabling users to assess movements in bid and offer prices across different maturities.
KIBOR Rates – November 24, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.88 | 11.38 |
| 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 | 10.96 | 11.46 |
KIBOR Rates – November 21, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.87 | 11.37 |
| 2-Week | 10.88 | 11.38 |
| 1-Month | 10.88 | 11.38 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.95 | 11.45 |
| 1-Year | 10.97 | 11.47 |
The slight changes in rates indicate stable interbank market conditions, with most adjustments remaining within a narrow range. Financial analysts and corporate borrowers continue to monitor KIBOR closely as it remains a key benchmark for Pakistan’s lending environment.