Karachi, September 5, 2025 – The State Bank of Pakistan (SBP) on Friday issued the latest Karachi Interbank Offered Rates (KIBOR) applicable for the money market.
These benchmark rates are closely tracked by banks, corporate borrowers, and investors as they form the basis for short-term lending and financing arrangements.
Compared with the previous day, the KIBOR for most tenors showed a marginal decline, particularly in short-term bids and offers. Analysts noted that such changes reflect liquidity conditions in the interbank market, and even slight adjustments can influence borrowing costs across multiple sectors of the economy.
The following tables provide a detailed comparison of KIBOR rates between September 5, 2025, and September 4, 2025:
KIBOR – September 5, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.78 | 11.28 |
| 2-Week | 10.78 | 11.28 |
| 1-Month | 10.75 | 11.25 |
| 3-Month | 10.78 | 11.03 |
| 6-Month | 10.79 | 11.04 |
| 9-Month | 10.75 | 11.25 |
| 1-Year | 10.76 | 11.26 |
KIBOR – September 4, 2025
| Tenor | Bid | Offer |
| 1-Week | 10.80 | 11.30 |
| 2-Week | 10.79 | 11.29 |
| 1-Month | 10.76 | 11.26 |
| 3-Month | 10.78 | 11.03 |
| 6-Month | 10.79 | 11.04 |
| 9-Month | 10.76 | 11.26 |
| 1-Year | 10.77 | 11.27 |
Financial experts suggest that businesses and banks will continue to keep a close eye on KIBOR trends, as they directly impact lending rates, investment decisions, and overall credit activity in the country.
Disclaimer: The information provided above is sourced from the State Bank of Pakistan. It is for informational purposes only and should not be considered as financial advice. Market participants are advised to verify rates from official sources before making any borrowing, lending, or investment decisions.