Karachi: The Karachi Interbank Offered Rate (KIBOR) data released on Thursday indicates a stable range across various tenors, with slight variations observed between bid and offer rates. The one-week tenor recorded a bid rate of 11.36% and an offer rate of 11.86%, while the one-year tenor showed a bid rate of 12.28% and an offer rate of 12.78%.

According to State Bank of Pakistan, the KIBOR for the two-week tenor stood at 11.38% for bids and 11.88% for offers. The one-month tenor rates were 11.46% for bids and 11.96% for offers. The three-month tenor showed a bid rate of 11.76% and an offer rate of 12.01%.

The six-month tenor recorded bid and offer rates of 12.19% and 12.44%, respectively. For the nine-month tenor, the bid rate was 12.23% and the offer rate was 12.73%. These figures reflect current market expectations and liquidity conditions in the interbank market.