KIBOR Rates Show Stability with Minor Fluctuations in Longer Tenors

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) on May 7, 2025, indicating relative stability in short-term borrowing costs, with minor fluctuations observed in longer tenors.

The published rates reflect the costs at which banks lend to one another, serving as a benchmark for lending and borrowing activities across the financial sector.

For the short-term tenors of one and two weeks, the bid and offer rates were recorded at 10.96% and 11.46%, respectively. The one-month tenor showed a slight increase with a bid of 10.97% and an offer of 11.47%.

In the medium-term three and six-month tenors, the bid rates stood at 11.14% and 11.17%, while the offer rates were slightly higher at 11.39% and 11.42%.

Longer-term rates for nine months and one year saw more noticeable changes. The nine-month tenor recorded a bid of 11.21% and an offer of 11.71%. For the one-year tenor, the bid was at 11.13% with the offer rate at 11.63%.

These rates are indicative of the current monetary conditions and the central bank’s stance on interest rates. The data, sourced from the State Bank of Pakistan, serves as a crucial tool for financial institutions in their lending decisions.