Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, which show consistent rates across various tenors. The data reflects the borrowing costs that banks charge each other for short-term loans.
The one-week tenor shows a bid rate of 10.93, with an offer rate of 11.43. For the two-week tenor, the bid stands at 10.84, while the offer is at 11.34. The one-month tenor has a bid of 10.82 and an offer of 11.32.
In the three-month category, the bid is noted at 10.88, and the offer at 11.13. The six-month tenor records a bid of 10.89 and an offer of 11.14. Furthermore, the nine-month tenor shows a bid of 10.90 and an offer at 11.40.
The one-year tenor remains steady with a bid of 10.93 and an offer of 11.43, matching the rates of the one-week tenor.
These rates are indicative of the current lending environment and can affect loan pricing for businesses and consumers. The stability in rates suggests a consistent borrowing scenario for the near future.