BREAKING NEWS

KIBOR Rates for ul-2025 Announced by State Bank of Pakistan

Karachi: The State Bank of Pakistan has released the Karachi Interbank Offered Rates (KIBOR) for ul-2025, detailing the bid and offer rates across various tenors.

According to State Bank of Pakistan, the KIBOR rates are as follows: for a 1-week tenor, the bid rate is 10.92 and the offer rate is 11.42. The 2-week tenor shows a bid rate of 10.90 and an offer rate of 11.40. For a 1-month tenor, the bid rate stands at 10.82 with an offer rate of 11.32.

Further tenors include the 3-month rate with a bid of 10.79 and offer of 11.04, and the 6-month rate with a bid of 10.75 and offer of 11.00. The 9-month tenor is reported with a bid rate of 10.68 and an offer rate of 11.18. Lastly, the 1-year tenor sees a bid rate of 10.67 and an offer rate of 11.17.

These rates serve as benchmarks for lending and borrowing among financial institutions in Pakistan.