AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The latest figures released by the State Bank of Pakistan indicate a stable trend in the Karachi Interbank Offered Rate (KIBOR), with minor fluctuations observed across different tenors. The rates, which serve as a benchmark for lending between banks, show consistency in short-term and long-term offerings.
The KIBOR for a one-week tenor is set with a bid rate of 11.93 and an offer rate of 12.43. Similarly, the two-week and one-month tenors are holding steady with bid rates of 11.91 and corresponding offer rates of 12.41.
For the three-month and six-month tenors, the bid rates are slightly lower at 11.86, with offer rates at 12.11, indicating a consistent trend in borrowing costs for these durations.
A slight dip is noted in the nine-month and one-year tenors, with bid rates at 11.82 and 11.81 respectively, and offer rates at 12.32 and 12.31. These figures suggest a marginally more favorable borrowing environment for longer-term loans.
The stability in these rates reflects the current monetary policy environment and the central bank’s efforts to maintain economic balance. The consistent rates provide a predictable framework for financial planning among banks and their clients.