Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown stability across various tenors, with minimal changes observed in both bid and offer rates, as per the latest data.
According to State Bank of Pakistan, the KIBOR rates for a 1-week and 2-week tenor are consistent at 10.26 for bids and 10.76 for offers. The 1-month tenor slightly varies with a bid rate of 10.25 and an offer rate of 10.75. The 3-month tenor has a bid rate of 10.30 and an offer rate of 10.55, while the 6-month tenor maintains a bid rate of 10.31 and an offer rate of 10.56.
The 9-month tenor reflects a bid rate of 10.31 and a slightly higher offer rate of 10.81. For a 1-year tenor, the bid rate is 10.34, with the offer rate standing at 10.84. These figures indicate steady conditions in the interbank lending market.