Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown minor fluctuations across various tenors, as revealed in the latest figures published by the State Bank of Pakistan. The data indicates that the bid and offer rates have remained relatively stable, with slight adjustments seen in both short-term and long-term lending rates.

According to State Bank of Pakistan, the bid and offer rates for the 1-week tenor are listed at 11.87 percent and 12.37 percent, respectively. For the 2-week tenor, the rates are 11.89 percent for the bid and 12.39 percent for the offer. The 1-month tenor shows a bid rate of 11.90 percent and an offer rate of 12.40 percent.

In the medium-term category, the 3-month tenor rates are 12.10 percent for the bid and 12.35 percent for the offer. The 6-month tenor reflects a bid of 12.26 percent and an offer of 12.51 percent. For the 9-month tenor, the bid rate is 12.34 percent, while the offer rate stands at 12.84 percent.

For the 1-year tenor, the bid rate is 12.39 percent, with the offer rate reaching 12.89 percent. These figures are indicative of the current interbank lending environment and provide insights into the cost of borrowing for financial institutions.