Karachi, October 29, 2025 – The State Bank of Pakistan (SBP) has announced the latest Karachi Interbank Offered Rates (KIBOR) for Wednesday, reflecting minor adjustments across various tenors as part of its regular interbank rate updates.
These rates act as a benchmark for commercial banks when determining lending and borrowing costs, playing a crucial role in Pakistan’s financial and corporate sectors.
KIBOR rates indicate the interest rate at which banks are willing to lend unsecured funds to other banks in the interbank market. Fluctuations in KIBOR often mirror shifts in market liquidity, monetary policy direction, and investor sentiment.
KIBOR Rates – Wednesday, October 29, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.78 | 11.28 |
| 2 – Week | 10.81 | 11.31 |
| 1 – Month | 10.88 | 11.38 |
| 3 – Month | 10.92 | 11.17 |
| 6 – Month | 10.94 | 11.19 |
| 9 – Month | 10.87 | 11.37 |
| 1 – Year | 10.90 | 11.40 |
Previous Rates – Tuesday, October 28, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.78 | 11.28 |
| 2 – Week | 10.81 | 11.31 |
| 1 – Month | 10.89 | 11.39 |
| 3 – Month | 10.91 | 11.16 |
| 6 – Month | 10.94 | 11.19 |
| 9 – Month | 10.90 | 11.40 |
| 1 – Year | 10.91 | 11.41 |
Financial analysts said the stable KIBOR levels suggest steady interbank liquidity amid cautious investor sentiment following the recent monetary policy decision. The SBP continues to monitor market dynamics closely to ensure smooth credit flow and financial stability.