Karachi: The State Bank of Pakistan has released the latest figures for the Karachi Interbank Offered Rate (KIBOR), revealing key interest rates for various tenors as of May 12, 2025. These rates are crucial in determining the lending rates for banks and financial institutions across the country.

For the short-term tenors, both the one-week and two-week bid rates stood at 10.97, with offer rates slightly higher at 11.47. The one-month tenor saw a bid rate of 10.99 and an offer rate of 11.49.

In the medium-term category, the three-month tenor reported a bid rate of 11.17 and an offer rate of 11.42. The six-month tenor displayed a bid rate of 11.19 and an offer rate of 11.44.

Long-term tenors showed some variation. The nine-month tenor had a bid rate of 11.19, with a notably higher offer rate of 11.69. Similarly, the one-year tenor posted a bid rate of 11.18 and an offer rate of 11.68.

These rates serve as a benchmark for banks to determine the interest rates on various financial products, impacting borrowers and savers alike. The figures were released by the State Bank of Pakistan and continue to play a pivotal role in the financial landscape.