Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) on January 9, 2026, indicating minor adjustments across various tenors. The data shows stability in the short-term and long-term interest rates offered within the financial sector.

The one-week and two-week tenors both recorded a bid rate of 10.27 and an offer rate of 10.77. These figures reflect the rates at which banks are willing to lend or borrow for short-term needs.

For the one-month tenor, the bid rate was noted at 10.19, while the offer rate stood at 10.69. This marks a consistent pattern in short-term borrowing costs.

The three-month and six-month tenors shared identical bid rates of 10.14 and offer rates of 10.39, indicating a stable borrowing landscape for mid-term financial requirements.

A slight increase was observed in the nine-month tenor, with a bid rate of 10.11 and an offer rate of 10.61. This variation points to subtle shifts in the longer-term financial planning by banking institutions.

The one-year tenor reported a bid rate of 10.09 and an offer rate of 10.59, suggesting a steady environment for long-term financial commitments.

These KIBOR rates, as published by the State Bank of Pakistan, provide a critical insight into the cost of borrowing between banks and are a key indicator of the prevailing economic conditions.