Karachi: The Karachi Interbank Offered Rate (KIBOR) experienced marginal fluctuations across various tenors as of November 5, 2026, according to recent data. The rates, used as a benchmark for lending between banks, showed slight increases over shorter tenors, with more significant shifts observed over longer periods.

According to State Bank of Pakistan, the one-week tenor bid rate stood at 11.85 percent, with an offer rate of 12.35 percent. The two-week tenor recorded a bid rate of 11.87 percent and an offer rate of 12.37 percent. For the one-month tenor, the bid and offer rates were at 11.88 percent and 12.38 percent, respectively.

The press release further detailed that the three-month tenor bid rate was 12.11 percent, with an offer rate of 12.36 percent. The six-month tenor rates were set at 12.31 percent for the bid and 12.56 percent for the offer. The nine-month tenor saw bid and offer rates of 12.36 percent and 12.86 percent, respectively. For the one-year tenor, the bid rate was recorded at 12.42 percent, while the offer rate was 12.92 percent.

The KIBOR rates serve as a critical indicator for monetary policy adjustments and economic forecasting, impacting financial instruments and loan agreements within Pakistan’s banking sector. The State Bank of Pakistan regularly updates these rates to reflect market conditions and liquidity demands.