Karachi: The Karachi Interbank Offered Rate (KIBOR) for September 30, 2026, showed stability across most tenors, with slight variations observed in longer-term offerings. The rates are crucial indicators of the financial market and play a significant role in determining borrowing costs for businesses and consumers.
According to State Bank of Pakistan, the bid and offer rates for the 1-week and 2-week tenors were consistent at 11.43% and 11.93%, respectively. The 1-month tenor saw a marginal increase with a bid rate of 11.48% and an offer rate of 11.98%. The 3-month tenor recorded a bid rate of 11.60% and an offer rate of 11.85%. For the 6-month tenor, the bid rate was 11.83%, while the offer rate stood at 12.08%. The 9-month tenor showed slight increments, with a bid rate of 11.90% and an offer rate of 12.40%. Meanwhile, the 1-year tenor recorded a bid rate of 11.93% and an offer rate of 12.43%.
These rates indicate a stable monetary policy environment, reflecting the State Bank of Pakistan's efforts to maintain market equilibrium. The KIBOR figures are closely monitored by financial institutions, businesses, and investors, serving as a reference point for lending and investment decisions.