KIBOR rates
Daily KIBOR for every tenor since 2005, monthly averages, bid rates and spreads.
Latest figures
- KIBOR 1-month rate — daily since 2005 (SBP): 11.94% (22 Oct 2026)
- KIBOR 3-month rate — daily since 2005 (SBP): 12.03% (26 Oct 2026)
- KIBOR 6-month rate — daily since 2005 (SBP): 12.45% (26 Oct 2026)
- KIBOR 1-year rate — daily since 2005 (SBP): 12.79% (26 Oct 2026)
- 3-month KIBOR minus SBP policy rate (spread) — daily: 0.53% (26 Oct 2026)
KIBOR, the Karachi Interbank Offered Rate, is the benchmark Pakistani banks price loans against: most corporate, consumer and mortgage loans are quoted as KIBOR plus a margin, usually the 3-month or 6-month rate. SBP publishes it every business day from the quotes of contributing banks, alongside KIBID, the bid side.
KIBOR moves with the policy rate and with expectations of the next decision, so the spread between 3-month KIBOR and the policy rate is a quick read of where the market thinks rates are heading.
See also: KIBOR tracker
KIBOR by tenor (daily)
- KIBOR 1-week rate — daily since 2005 (SBP)
- KIBOR 2-week rate — daily since 2005 (SBP)
- KIBOR 1-month rate — daily since 2005 (SBP)
- KIBOR 3-month rate — daily since 2005 (SBP)
- KIBOR 6-month rate — daily since 2005 (SBP)
- KIBOR 9-month rate — daily since 2005 (SBP)
- KIBOR 1-year rate — daily since 2005 (SBP)
- KIBOR 2-year rate — daily, 2005–2020 (SBP)
- KIBOR 3-year rate — daily, 2005–2020 (SBP)
Monthly KIBOR
KIBOR offer and KIBID bid (SBP rate table)
- KIBOR offer rate, 1-week — daily (SBP rate table)
- KIBID bid rate, 1-week — daily (SBP rate table)
- KIBOR offer rate, 2-week — daily (SBP rate table)
- KIBID bid rate, 2-week — daily (SBP rate table)
- KIBOR offer rate, 1-month — daily (SBP rate table)
- KIBID bid rate, 1-month — daily (SBP rate table)
- KIBOR offer rate, 3-month — daily (SBP rate table)
- KIBID bid rate, 3-month — daily (SBP rate table)
- KIBOR offer rate, 6-month — daily (SBP rate table)
- KIBID bid rate, 6-month — daily (SBP rate table)
- KIBOR offer rate, 9-month — daily (SBP rate table)
- KIBID bid rate, 9-month — daily (SBP rate table)
- KIBOR offer rate, 1-year — daily (SBP rate table)
- KIBID bid rate, 1-year — daily (SBP rate table)
Spreads and real KIBOR
- 3-month KIBOR minus SBP policy rate (spread) — daily
- Real 3-month KIBOR (KIBOR minus CPI inflation) — monthly
- SBP policy rate — current rate & decision history
Questions
What is the KIBOR rate today?
3-month KIBOR was 12.03% on 26 Oct 2026, and 6-month KIBOR 12.45% (State Bank of Pakistan).
Which KIBOR is used for loans?
Most bank loans in Pakistan are priced as KIBOR plus a margin, usually against the 3-month or 6-month rate, reset when that period ends.
How is KIBOR different from the policy rate?
The policy rate is set by SBP; KIBOR is the market rate banks quote to each other. The 3-month spread to the policy rate was 0.53 percentage points on 26 Oct 2026.
Related topics
Every series here is official data from its publisher, updated as it is released, with the full history as JSON or CSV through the PakDataHub API. Get a free key or read the series endpoint docs.