Print
Print 2005-11-20
Money Market Report
Money market report by Khadim Ali Shah Bukhari & Co on Saturday (November 19, 2005).
Money market report by Khadim Ali Shah Bukhari & Co on Saturday (November 19, 2005).
DAILY MONEY MARKET COMMENTS: Today money market rates initiated at the level of 8.00% -8.25%. However, in clean & call placements the overnight interest rates were at 8.75% - 10.00%. Today money market closed at the level of 8.90%. SBP conducted 2 days OMO and injected PKR 9 billion @8.40%.
Keeping in view today's interbank market we believe that on Monday overnight repo rates should be at the level of 8.90%.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.75 8.90 8.00 8.90 8.39
1-Week 7.75 8.00 8.25 8.50 8.13
2-Week 7.75 8.00 8.10 8.30 8.04
1-Month 8.00 8.25 8.20 8.40 8.21
2-Months 8.10 8.20 8.25 8.45 8.25
3-Months 8.20 8.35 8.30 8.50 8.34
4-Months 8.25 8.40 8.40 8.60 8.41
5-Months 8.35 8.40 8.50 8.65 8.48
6-Months 8.35 8.45 8.55 8.70 8.51
9-Months 8.50 8.55 8.60 8.75 8.60
1-Year 8.55 8.60 8.65 8.80 8.65
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 8.50 10.00 9.00 10.00 9.38
1-Week 8.50 9.00 9.25 9.75 9.13
2-Week 8.25 9.00 9.25 9.75 9.06
1-Month 8.50 9.25 9.00 9.50 9.06
2-Months 8.50 9.25 9.00 9.60 9.09
3-Months 8.50 9.50 9.15 9.75 9.23
4-Months 8.70 9.50 9.20 10.00 9.35
5-Months 8.90 9.50 9.45 10.10 9.49
6-Months 8.70 9.50 9.20 10.15 9.39
9-Months 8.90 9.75 9.50 10.20 9.59
1-Year 9.25 10.00 9.70 10.50 9.86
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.35 8.60
0.6-1.0 Years 8.75 8.80
1.1-1.5 Years 8.85 9.05
1.6-2.0 Years 8.90 9.05
2.1-2.5 Years 8.90 9.00
2.6-3.0 Years 9.00 9.05
3.1-3.5 Years 9.00 9.10
3.6-4.0 Years 9.00 9.15
4.1-4.5 Years 9.10 9.25
4.6-5.0 Years 9.10 9.35
5.1-5.5 Years 9.20 9.30
5.6-6.0 Years 9.25 9.35
6.1-6.5 Years 9.30 9.40
6.6-7.0 Years 9.30 9.40
7.1-7.5 Years 9.30 9.40
7.6-8.0 Years 9.30 9.45
8.1-8.5 Years 9.40 9.50
8.6-9.0 Years 9.00 9.05
15 Years 10.50 10.75
20 Years 10.75 11.00
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.10 8.30
0.6-1.0 Years 8.40 8.75
1.1-1.5 Years 8.80 8.90
1.6-2.0 Years 9.00 9.15
2.1-2.5 Years 9.00 9.10
2.6-3.0 Years 9.10 9.15
3.1-3.5 Years 9.10 9.20
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 9.75 10.00
3 Months 10.00 10.50
6 Months 10.25 11.00
12 Months 10.50 11.50
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 8.85-9.40
8-15 Days 8.75-9.25
16-30 Days 8.25-8.50
31-60 Days 8.15-8.40
61-90 Days 8.15-8.35
91-120 Days 8.25-8.40
121-180 Days 8.35-8.45
181-270 Days 8.60-8.75
271-365 Days 8.75-8.80
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 60.05 60.10
EUR 70.10 70.30
GBP 102.80 103.10
=================================
Comments
Comments are closed.