Karachi, October 31, 2025 – The State Bank of Pakistan (SBP) released the latest Karachi Interbank Offered Rates (KIBOR) for Friday, showing minor fluctuations across short and long-term tenors.
The KIBOR serves as a key benchmark for lending and borrowing rates among commercial banks in Pakistan and directly impacts loan pricing for consumers and businesses.
According to the data issued by the SBP, the 1-week and 2-week KIBOR bids rose slightly to 10.86%, while the offer rates stood at 11.36%. Similarly, the 1-month tenor remained stable at 10.89% (bid) and 11.39% (offer). Meanwhile, the 3-month and 6-month tenors saw marginal variations as compared to Thursday’s figures.
Below are the detailed KIBOR rates for 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 |
For comparison, here are the KIBOR rates from Thursday, October 30, 2025:
| Tenor | Bid | Offer |
| 1-Week | 10.82 | 11.32 |
| 2-Week | 10.84 | 11.34 |
| 1-Month | 10.89 | 11.39 |
| 3-Month | 10.92 | 11.17 |
| 6-Month | 10.95 | 11.20 |
| 9-Month | 10.93 | 11.43 |
| 1-Year | 10.94 | 11.44 |
Financial experts note that the KIBOR rates are closely watched indicators reflecting liquidity conditions and monetary policy outlook in Pakistan.
Financial experts note that the KIBOR rates are closely watched indicators reflecting liquidity conditions and monetary policy outlook in Pakistan. Market analysts anticipate moderate stability in upcoming sessions, though global trends and domestic policy adjustments could influence future interbank lending rates across different tenors.