Karachi: The latest release of the Karachi Interbank Offered Rate (KIBOR) by the State Bank of Pakistan shows a steady trend in short-term lending costs, with minimal changes across various tenors. The data, reflecting rates as of June 24, 2025, suggests a stable environment for borrowers and lenders in the interbank market.

For the one-week tenor, the bid and offer rates stand at 10.83 and 11.33, respectively. The two-week rates are slightly higher, with bids at 10.89 and offers at 11.39. These figures indicate a consistent lending environment over short periods.

The one-month tenor reflects a bid of 10.88 and an offer of 11.38, while both the three-month and six-month tenors show identical bids and offers at 10.97 and 11.22, respectively. This uniformity in rates over these periods points to stability in the lending market.

Longer-term rates, such as the nine-month and one-year tenors, also exhibit similar patterns. Both tenors have a bid rate of 10.91 and an offer rate of 11.41, indicating a lack of significant fluctuation in expectations for longer-term borrowing costs.

These rates, provided by the State Bank of Pakistan, serve as a benchmark for financial institutions, reflecting the cost of borrowing and lending in the Pakistani interbank market. The consistent rates across different tenors suggest a stable economic outlook, providing a predictable environment for financial planning and budgeting.