Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, reflecting slight variations across different tenors. These rates are indicative of the borrowing costs for commercial banks and are closely monitored by financial stakeholders.

According to State Bank of Pakistan, the KIBOR rates for the 18th of February, 2026, show a bid and offer rate of 10.26% and 10.76% respectively for the one-week and two-week tenors. The one-month tenor mirrors these rates. The three-month tenor is slightly higher with a bid rate of 10.30% and an offer rate of 10.55%. The six-month tenor has a bid rate of 10.31% and an offer rate of 10.56%, while the nine-month tenor sees a bid rate of 10.31% and an offer rate of 10.81%. The one-year tenor records a bid rate of 10.33% and an offer rate of 10.83%.

These figures are pivotal for financial institutions as they influence the cost of borrowing and lending within the interbank market. The rates are also used as a benchmark for various financial products, impacting interest rates on loans and savings.