Karachi: The Karachi Interbank Offered Rate (KIBOR) has seen adjustments in its bid and offer rates across various tenors, according to the latest data. The rates, effective as of August 13, 2026, reflect minor fluctuations in the interbank lending market.
According to State Bank of Pakistan, the new rates show a bid of 11.32 and an offer of 11.82 for the 1-week tenor. The 2-week tenor has been set at a bid of 11.34 and an offer of 11.84. The 1-month tenor now stands at a bid of 11.37 and an offer of 11.87. Further adjustments include the 3-month tenor with a bid of 11.41 and an offer of 11.66, while the 6-month tenor is listed at 11.51 bid and 11.76 offer. The 9-month tenor is noted with a bid of 11.57 and an offer of 12.07. Finally, the 1-year tenor reports a bid of 11.61 and an offer of 12.11.
These rates serve as benchmarks for lending and borrowing activities among banks and financial institutions, which can impact the broader economic environment by influencing the cost of borrowing for businesses and consumers.