Karachi: The Karachi Interbank Offered Rate (KIBOR) exhibited steadiness in its latest update, reflecting ongoing trends in the financial markets. The rates, which serve as a benchmark for lending between banks, showed slight variations across different tenors, with the 1-week bid at 11.36 percent and the 1-year offer peaking at 12.10 percent.

According to State Bank of Pakistan: The detailed figures released on July 31, 2026, indicate that the 2-week bid and offer rates stood at 11.38 percent and 11.88 percent, respectively. Meanwhile, the 1-month tenor recorded a bid rate of 11.40 percent, with an offer of 11.90 percent. The 3-month bid rate was 11.44 percent, accompanied by an offer of 11.69 percent.

The data further revealed that the 6-month KIBOR was set at 11.53 percent for the bid and 11.78 percent for the offer, while the 9-month rates were 11.56 percent bid and 12.06 percent offer. These figures provide a snapshot of the borrowing costs for financial institutions and are indicative of prevailing liquidity conditions in the banking sector.

Market analysts and financial stakeholders closely watch KIBOR rates, as they have significant implications for the broader economy, influencing everything from consumer loans to corporate financing. The rates serve as a critical tool for assessing the monetary policy stance and the overall economic environment.