Karachi: The Karachi Interbank Offered Rate (KIBOR) has seen a slight increase across multiple tenors, with the one-year tenor reaching an offer rate of 12.78%, according to the latest figures released by the State Bank of Pakistan. The one-week tenor has a bid rate of 11.38% and an offer rate of 11.88%, while the two-week tenor stands at 11.40% bid and 11.90% offer.

According to State Bank of Pakistan, the one-month tenor shows a bid rate of 11.46% and an offer rate of 11.96%. The three-month tenor has a bid rate of 11.76% and an offer rate of 12.01%. For the six-month tenor, the bid rate is 12.20% with an offer rate of 12.45%. The nine-month tenor has recorded a bid rate of 12.23% and an offer rate of 12.73%.

These figures reflect a general upward trend in KIBOR rates, which are critical indicators of the interbank lending rates in Pakistan. The changes in KIBOR rates are often reflective of underlying economic conditions and monetary policy decisions.