Karachi: The State Bank of Pakistan has reported the latest Karachi Interbank Offered Rates (KIBOR) for various tenors, showing consistent interest rates across weekly, monthly, and yearly terms. The one-week tenor holds at a bid rate of 11.89 percent and an offer rate of 12.39 percent, while the one-year tenor stands at a bid rate of 12.55 percent with an offer rate of 13.05 percent.

According to State Bank of Pakistan, the reported KIBOR for other tenors includes a two-week bid rate of 11.90 percent and an offer rate of 12.40 percent. The one-month tenor is listed with a bid rate of 11.94 percent and an offer rate of 12.44 percent. For longer terms, the three-month bid rate is 12.21 percent with an offer of 12.46 percent, the six-month bid rate is 12.41 percent with an offer of 12.66 percent, and the nine-month bid rate is 12.47 percent with an offer of 12.97 percent.

The KIBOR rates, crucial for determining lending rates between banks, are a key indicator of the overall economic conditions and are closely monitored by financial institutions and investors. The stable rates suggest a steady economic outlook at this time.