AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The latest data from the State Bank of Pakistan indicates a slight decrease in the Karachi Interbank Offered Rate (KIBOR) across most tenors as of June 30, 2025. This movement in rates reflects subtle shifts in the interbank lending environment.
The KIBOR, which serves as the benchmark rate for lending among banks in Pakistan, exhibited reduced bid and offer rates over multiple tenors. The 1-week tenor recorded a bid of 10.94 and an offer of 11.44. The 2-week tenor posted a bid of 10.92 and an offer of 11.42.
For the 1-month tenor, the bid rate was 10.89, while the offer stood at 11.39. The 3-month tenor showed a bid of 10.90 and an offer of 11.15, reflecting a slight decline from previous figures.
The 6-month and 9-month tenors recorded bid rates of 10.88 and 10.82, respectively, with offers at 11.13 and 11.32. The 1-year tenor ended with a bid of 10.81 and an offer of 11.31.
These rates are crucial for financial institutions as they guide lending rates and influence monetary policy decisions. The changes in KIBOR are closely monitored by banks and businesses alike to assess borrowing costs and financial planning.