Karachi, October 27, 2025 – The State Bank of Pakistan (SBP) has issued the latest Karachi Interbank Offered Rates (KIBOR) for Monday to assist banks, financial institutions, and corporate borrowers in determining lending and deposit benchmarks.
KIBOR is a key reference rate used by commercial banks in Pakistan to price short-term lending and borrowing, making it a vital indicator of liquidity conditions in the interbank market.
According to the SBP’s data, the KIBOR rates for October 27, 2025 (Monday) and October 24, 2025 (Friday) are as follows:
KIBOR Rates – Monday, October 27, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.83 | 11.33 |
| 2-Week | 10.84 | 11.34 |
| 1-Month | 10.88 | 11.38 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.89 | 11.39 |
| 1-Year | 10.89 | 11.39 |
KIBOR Rates – Friday, October 24, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.84 | 11.34 |
| 2-Week | 10.84 | 11.34 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.90 | 11.15 |
| 6-Month | 10.93 | 11.18 |
| 9-Month | 10.90 | 11.40 |
| 1-Year | 10.91 | 11.41 |
The SBP stated that KIBOR rates are determined based on quotations received from various banks participating in the interbank market. These rates serve as a benchmark for pricing corporate loans, financial instruments, and interbank transactions. Slight variations between bid and offer rates reflect the liquidity movement and short-term monetary trends in Pakistan’s financial system.