Karachi, November 3, 2025 – The State Bank of Pakistan (SBP) on Monday released the updated Karachi Interbank Offered Rates (KIBOR) for the banking sector.
The revised rates serve as a benchmark for short-term lending between banks and play a crucial role in determining borrowing costs for businesses and consumers across Pakistan.
According to the latest data, minor variations were observed in short-term tenors compared to the last trading session held on Friday, October 31, 2025. Analysts noted that the rates remained largely stable, reflecting consistent liquidity conditions in the interbank market.
Below are the updated KIBOR rates for November 3, 2025, compared with those of October 31, 2025:
Monday, November 3, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.86 | 11.36 |
| 2 – Week | 10.87 | 11.37 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.92 | 11.17 |
| 6 – Month | 10.93 | 11.18 |
| 9 – Month | 10.93 | 11.43 |
| 1 – Year | 10.94 | 11.44 |
Friday, October 31, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.86 | 11.36 |
| 2 – Week | 10.86 | 11.36 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.92 | 11.17 |
| 6 – Month | 10.94 | 11.19 |
| 9 – Month | 10.92 | 11.42 |
| 1 – Year | 10.94 | 11.44 |
The SBP emphasized that KIBOR reflects average lending rates quoted by banks for interbank transactions and serves as an important indicator of monetary conditions in Pakistan’s financial markets.