KIBOR climbs as SBP raises policy rate to 12%
The Karachi Interbank Offered Rates (KIBOR) moved higher on Thursday, with the sharpest increases in the three-month to one-year tenors, days after the State Bank of Pakistan (SBP) raised the policy rate by 50 basis points to 12%.
October 29, 2026 (MLN): The Karachi Interbank Offered Rates (KIBOR) moved higher on Thursday, with the sharpest increases in the three-month to one-year tenors, days after the State Bank of Pakistan (SBP) raised the policy rate by 50 basis points to 12%. The three-month KIBOR rose 21 basis points (bps) day-on-day to 12.19% (bid) and 12.44% (ask). The six-month rate gained 18bps to 12.39% (bid) and 12.64% (ask), whil...