FLASHNEWS:

KIBOR Rates Show Consistency Across Tenors


Karachi: The State Bank of Pakistan released the Karachi Interbank Offered Rate (KIBOR) for June 23, 2025, indicating stable trends across various tenors. The data reveals minimal fluctuation in both bid and offer rates, suggesting a steady interbank lending environment.



The bid rates for the short-term tenors are 10.87 for one week and 10.90 for two weeks. These figures show a marginal increase as the tenor extends to one month, with a bid rate of 10.89.



For longer-term tenors, the three-month and six-month periods register bid rates of 10.98 and 10.99, respectively. Both the nine-month and one-year tenors share a bid rate of 10.93, highlighting a consistent approach by financial institutions in terms of lending expectations.



Offer rates across the tenors reflect a similar stability. The one-week tenor offer rate stands at 11.37, while the two-week tenor is slightly higher at 11.40. The one-month tenor offer rate is positioned at 11.39.



The offer rates for three-month and six-month tenors are set at 11.23 and 11.24, respectively. Notably, the nine-month and one-year tenors have identical offer rates of 11.43, underscoring a uniform lending climate for longer durations.



The consistent KIBOR rates across different tenors suggest a stable economic outlook and confidence among financial institutions. The data provides a crucial benchmark for financial transactions and economic analysis in Pakistan.