KIBOR Rate Today in Pakistan, 10 November 2026: 6 Month 12.51%, 1 Year 12.89% (Every Tenor)
KIBOR on 10 November 2026 is 12.35% for 3 months, 12.51% for 6 months and 12.89% for 1 year, from the SBP sheet. See every tenor and your loan cost change.
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Short answer: The 6 month KIBOR is 12.51% and the 1 year KIBOR is 12.89% on Tuesday 10 November 2026. The 3 month rate is 12.35%. These are the offer rates on the State Bank of Pakistan's KIBOR sheet for the day, and the 6 month rate is down 0.06 point from 6 November.
KIBOR, the Karachi Interbank Offered Rate, is the rate banks quote to lend to each other. Most car, home and business loans in Pakistan are priced as KIBOR plus a bank margin, reset every 3, 6 or 12 months. We read the SBP sheet for 10 November 2026 and compared it with the previous sheet.
KIBOR for every tenor on 10 November 2026
The sheet gives a bid rate, what banks would pay to borrow, and an offer rate, what they would charge to lend. Loans use the offer rate.
| Tenor | Bid | Offer | Offer change |
|---|---|---|---|
| 1 week | 11.87% | 12.37% | down 0.02 point |
| 2 weeks | 11.89% | 12.39% | unchanged |
| 1 month | 11.90% | 12.40% | down 0.01 point |
| 3 months | 12.10% | 12.35% | down 0.02 point |
| 6 months | 12.26% | 12.51% | down 0.06 point |
| 9 months | 12.34% | 12.84% | down 0.05 point |
| 1 year | 12.39% | 12.89% | down 0.05 point |
The previous figures are in the 6 November KIBOR rates. The latest rates are also kept on the KIBOR rate today page.
The 6 month and 1 year rates over the last sheets
Most loans reset on the 6 month or 1 year rate, so these two matter most. This table shows them on recent sheets.
| Sheet date | 6 month offer | 1 year offer |
|---|---|---|
| 29 October | 12.64% | 13.04% |
| 30 October | 12.66%, up 0.02 point | 13.05%, up 0.01 point |
| 4 November | 12.67%, up 0.01 point | 13.04%, down 0.01 point |
| 5 November | 12.56%, down 0.11 point | 12.92%, down 0.12 point |
| 6 November | 12.57%, up 0.01 point | 12.94%, up 0.02 point |
| 10 November | 12.51%, down 0.06 point | 12.89%, down 0.05 point |
Past months are in the October KIBOR history. A small daily move only matters on the day your own loan resets.
What this means for a loan
A Rs 10 lakh loan that resets on the 6 month rate today costs about Rs 50 a month less in interest than one that reset on 6 November. Your bank margin stays the same, so your new yearly rate is KIBOR plus that margin.
| Loan balance | Monthly interest at 6 month KIBOR plus 3% |
|---|---|
| Rs 1,000,000 | Rs 12,925 |
| Rs 2,500,000 | Rs 32,313 |
| Rs 5,000,000 | Rs 64,625 |
The 3% margin is only an example. Your agreement states your own margin. Islamic banks use their own benchmarks, but many still follow KIBOR closely.
The gap between bid and offer, and between short and long tenors
The bid and offer for each tenor are usually a fixed distance apart. A wider gap than usual can mean banks are less willing to lend. The table also shows how much more a longer tenor costs than the 1 week rate.
| Tenor | Offer minus bid | Offer above 1 week |
|---|---|---|
| 1 week | 0.50 point | base |
| 2 weeks | 0.50 point | 0.02 point |
| 1 month | 0.50 point | 0.03 point |
| 3 months | 0.25 point | -0.02 point |
| 6 months | 0.25 point | 0.14 point |
| 9 months | 0.50 point | 0.47 point |
| 1 year | 0.50 point | 0.52 point |
On 10 November 2026 the 1 year offer rate is 0.54 point above the 3 month rate. When longer rates sit above shorter ones, a loan that resets once a year locks in a higher rate today than one that resets every quarter. When they sit below, the opposite is true. Neither tells you for certain where rates will go next.
How to check your loan rate against KIBOR
- Find your benchmark in the loan agreement, for example 6 month KIBOR.
- Note your last and next reset dates.
- Read the offer rate on the SBP sheet for that reset date.
- Add your bank margin to get your yearly rate.
- Work out the change on your balance, then divide by 12 for the monthly effect.
Common questions
What is KIBOR today, 10 November 2026?
The 6 month offer rate is 12.51%, the 3 month 12.35% and the 1 year 12.89%, on the SBP sheet for 10 November 2026.
Which KIBOR does my car loan use?
Most car and home loans use the 6 month or 1 year offer rate. Your agreement names it.
What is the 1 month KIBOR today?
12.40% offer and 11.90% bid.
Is KIBOR the same as the SBP policy rate?
No. The policy rate is set by the SBP. KIBOR is a market rate that usually stays close to the policy rate.
When is the next KIBOR sheet?
The SBP posts a sheet each working day. There is no sheet on weekends or bank holidays.
What is the 3 month KIBOR today?
12.35% offer and 12.10% bid on 10 November 2026.
What is the difference between bid and offer?
The bid is the rate at which banks would borrow, and the offer is the rate at which they would lend. Loans are priced on the offer rate.
Does a KIBOR change affect a fixed rate loan?
No. A fixed rate loan keeps its rate for the fixed period. Only loans that reset on KIBOR change, and only on their reset dates.
What is the 6 month KIBOR today?
12.51% offer and 12.26% bid on the SBP sheet for 10 November 2026.
What is the 9 month KIBOR today?
12.84% offer and 12.34% bid.
Where can I read KIBOR officially?
On the State Bank of Pakistan's website, which posts the KIBOR sheet as a PDF each working day. The sheet itself names Refinitiv, a financial data company, as its data source.
How we verified this
What we checked, where we read it, and what we could not confirm.
Last checked 10 November 2026 at about 21:31 PKT. We read the SBP's KIBOR sheet for 10 November 2026 and compared it with the earlier sheets in the table. Loan examples are our own arithmetic.
About the author
Senior Writer, Public Services and Technology
Shahid joined us in 2024 as an author. He is a senior contributor to Pakistan's leading technology websites. He writes detailed articles, mostly covering his expertise in the latest tech, mobiles, apps, gadgets, and step-by-step guides. His ideology is to help people understand the latest trends and explain complex methods through very easy-to-understand guides.
