KIBOR Rates Experience Marginal Adjustments Across Tenors

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, indicating slight adjustments in the bid and offer rates across various tenors.

The data, sourced from Refinitiv, shows that the 1-week tenor bid rate is at 10.84 percent, with an offer rate of 11.34 percent. The 2-week tenor follows closely with a bid rate of 10.83 percent and an offer rate of 11.33 percent.

For the 1-month tenor, the bid rate stands at 10.85 percent, while the offer rate is 11.35 percent. The 3-month tenor exhibits a bid rate of 10.90 percent and an offer rate of 11.15 percent.

Moreover, the 6-month tenor shows a bid rate of 10.93 percent and an offer rate of 11.18 percent. The 9-month tenor records a bid rate of 10.94 percent, with the offer rate rising to 11.44 percent.

Lastly, for the 1-year tenor, the bid rate is 10.96 percent, whereas the offer rate is 11.46 percent.

These rates are essential benchmarks in Pakistan’s financial markets, influencing lending and borrowing activities in the banking sector.