Karachi, October 22, 2025 – The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for Wednesday, October 22, 2025. The updated rates reflect slight variations across different tenors compared to the previous day.
The KIBOR serves as a benchmark rate used by banks and financial institutions for lending and borrowing in the interbank market, influencing overall lending rates in Pakistan’s financial system.
KIBOR Rates – Wednesday, October 22, 2025
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.84 | 11.34 |
| 2-Week | 10.84 | 11.34 |
| 1-Month | 10.87 | 11.37 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.88 | 11.38 |
| 1-Year | 10.89 | 11.39 |
Previous KIBOR Rates – Tuesday, October 21, 2025
| Tenor | Bid (%) | Offer (%) |
| 1-Week | 10.87 | 11.37 |
| 2-Week | 10.86 | 11.36 |
| 1-Month | 10.88 | 11.38 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.90 | 11.40 |
| 1-Year | 10.90 | 11.40 |
Overall, minor changes were recorded in short-term tenors such as 1-week and 2-week KIBOR, indicating stable market conditions. The KIBOR rates are key indicators for setting borrowing costs and assessing liquidity trends in Pakistan’s banking sector.
The updated KIBOR rates help businesses, banks, and investors make informed financial decisions, ensuring transparency and stability within Pakistan’s evolving monetary system.
The State Bank’s continuous updates on KIBOR rates play a crucial role in promoting financial discipline, improving transparency, and supporting economic growth across Pakistan’s banking industry.