KIBOR Rates Show Marginal Fluctuation Amid Economic Stability

Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown slight variations in its latest update, reflecting a stable economic environment. The data, released by the State Bank of Pakistan and sourced from Refinitiv, indicates minimal changes across different tenors as of November 20, 2025.

For the 1-week tenor, the bid rate stands at 10.90, with an offer rate of 11.40. The 2-week and 1-month tenors share identical bid and offer rates, marked at 10.89 and 11.39, respectively.

A slight increase is observed in the 3-month tenor, where the bid rate is 10.90 and the offer rate is slightly lower at 11.15, compared to the shorter tenors.

The 6-month tenor saw a bid rate of 10.94 and an offer rate of 11.19. The extended 9-month tenor reflected a bid rate of 10.96, with the offer rate slightly higher at 11.46.

The 1-year tenor exhibited the highest rates, with a bid of 10.99 and an offer of 11.49, indicating a steady confidence in the longer-term economic outlook.

These figures are crucial for financial institutions and borrowers, as KIBOR rates serve as a benchmark for lending and borrowing activities in the interbank market.

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