Karachi, September 23, 2025 – The State Bank of Pakistan (SBP) has issued the updated KIBOR rates for Tuesday, September 23, 2025. The Karachi Interbank Offered Rate (KIBOR) is a key financial benchmark widely used by banks, corporations, and financial institutions for lending and borrowing.
The following tables highlight the comparison of KIBOR rates as issued by the SBP between September 23, 2025, and the previous working day, September 22, 2025.
KIBOR Rates – Tuesday, September 23, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.81 | 11.31 |
| 2 – Week | 10.80 | 11.30 |
| 1 – Month | 10.79 | 11.29 |
| 3 – Month | 10.80 | 11.05 |
| 6 – Month | 10.80 | 11.05 |
| 9 – Month | 10.78 | 11.28 |
| 1 – Year | 10.78 | 11.28 |
KIBOR Rates – Monday, September 22, 2025
| Tenor | Bid | Offer |
| 1 – Week | 10.82 | 11.32 |
| 2 – Week | 10.81 | 11.31 |
| 1 – Month | 10.79 | 11.29 |
| 3 – Month | 10.81 | 11.06 |
| 6 – Month | 10.81 | 11.06 |
| 9 – Month | 10.78 | 11.28 |
| 1 – Year | 10.79 | 11.29 |
The KIBOR rates issued by the SBP serve as an important indicator of market liquidity and borrowing costs, influencing both short-term and long-term financing decisions across Pakistan’s banking sector.
Financial analysts emphasize that monitoring KIBOR trends helps investors, businesses, and policymakers make informed decisions regarding loans, investments, and economic stability.