Karachi: The Karachi Interbank Offered Rate (KIBOR) showed minor fluctuations across different tenors, with rates maintaining a narrow range. The 1-week bid and offer rates were recorded at 10.14 and 10.64, respectively, while the 1-year rates stood at 9.93 for bids and 10.43 for offers.

According to State Bank of Pakistan, the 3-month and 6-month rates were aligned at 9.96 for bids and 10.21 for offers. The 2-week tenor showed a bid rate of 10.09 and an offer rate of 10.59. The 9-month tenor had a bid rate of 9.94 and an offer rate of 10.44. The data reflects a consistent pattern in the short-term borrowing rates within the interbank market.