Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), showing minor movements in the interest rates across different tenors as of April 16, 2025. These rates, which are crucial for financial institutions in determining borrowing costs and setting loan interest rates, reflect subtle adjustments in the country’s financial landscape.

The updated KIBOR rates indicate that the one-week tenor stands with a bid of 11.94 and an offer of 12.44. The two-week tenor shows a bid of 11.92 and an offer of 12.42. Meanwhile, the one-month rate is slightly lower, with a bid of 11.86 and an offer of 12.36.

For longer periods, the three-month tenor has a bid of 11.84 and an offer of 12.09. The six-month rate is recorded with a bid of 11.83 and an offer of 12.08. Similarly, the nine-month tenor is listed with a bid of 11.77 and an offer of 12.27.

The one-year KIBOR, a key indicator for long-term financial planning, is currently at a bid of 11.76 and an offer of 12.26. These figures are essential for businesses and investors as they navigate borrowing and lending decisions.

The State Bank of Pakistan's publication of these rates serves as a reference point for banks and financial institutions, impacting various financial products and services. These rates are critical for understanding the cost of financing for different durations in the interbank market.