Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), showing marginal adjustments across various tenors. These rates, which serve as a benchmark for lending rates in the financial sector, will influence borrowing costs for banks and consumers alike.

The report, dated July 22, 2025, details the bid and offer rates for tenors ranging from one week to one year. The one-week tenor is set at a bid rate of 10.92 and an offer rate of 11.42. Similarly, the two-week tenor reflects a bid rate of 10.91 and an offer rate of 11.41.

For longer-term financing, the one-month tenor is posted at a bid of 10.85 and an offer of 11.35, while the three-month tenor shows a bid of 10.81 and an offer of 11.06. The six-month tenor is listed with a bid rate of 10.76 and an offer rate of 11.01.

Furthermore, the nine-month tenor stands at a bid of 10.71 and an offer of 11.21. For the one-year tenor, the bid rate is recorded at 10.65, with an offer rate of 11.15.

These KIBOR rates are crucial for determining the cost of borrowing in the interbank market and have a significant impact on the lending rates offered to consumers and businesses. The State Bank of Pakistan continues to monitor these rates closely to ensure economic stability.