KIBOR Rates Show Stability with Minor Fluctuations Across Tenors

Karachi: The Karachi Interbank Offered Rates (KIBOR) released by the State Bank of Pakistan indicate a stable financial environment with slight fluctuations in borrowing rates across varying tenors. Data for October 8, 2025, shows both bid and offer rates maintaining a consistent range.

The KIBOR rates, which serve as a benchmark for lending rates in Pakistan, reflect slight movements in short to long-term tenors. The 1-week tenor bid and offer rates stand at 10.78 and 11.28 percent, respectively. The 2-week rates are slightly higher at 10.88 for bids and 11.38 for offers.

For the 1-month period, the bid rate is recorded at 10.89 percent, while the offer rate is set at 11.39 percent. The 3-month rates show a bid of 10.92 percent and an offer of 11.17 percent, indicating a minor decrease in the offer rate compared to shorter tenors.

Six-month KIBOR rates are at 10.93 percent for bids and 11.18 percent for offers, depicting marginal increases compared to the 3-month tenor. The 9-month and 1-year tenors share the same rates as the 1-month period, with bids at 10.89 percent and offers at 11.39 percent.

These rates provide insight into the borrowing costs for financial institutions and are widely used as reference rates for various financial products in the country. The data underscores a relatively stable interest rate environment, crucial for economic planning and investment strategies.