Print
Print 2008-02-15
Money Market Report
Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 14,2008).
Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 14,2008).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 5.50% - 6.00%. In Clean, the trading levels varied between the range of 6.50% - 7.00% and in Call the trades were seen in the range of 1.00% - 2.00%. Money market closed at the level of 0.50% - 1.00%. SBP announced 75 days outright and mopped up PKR 15.50 billion @9.45% against the total participation of PKR 16.00 billion.
For Friday it is expected that money market would trade at the level of 2.00% - 3.00%.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 0.50 6.00 1.00 7.00 3.63
1-Week 6.50 7.00 7.00 7.50 7.00
2-Weeks 8.00 8.50 8.75 9.00 8.56
1-Month 8.75 9.00 9.10 9.25 9.03
2-Months 9.25 9.45 9.45 9.60 9.44
3-Months 9.30 9.50 9.40 9.65 9.46
4-Months 9.50 9.70 9.65 9.80 9.66
5-Months 9.50 9.75 9.65 9.80 9.68
6-Months 9.55 9.75 9.70 9.90 9.73
9-Months 9.60 9.80 9.70 9.90 9.75
1-Year 9.65 9.80 9.75 9.90 9.78
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 1.00 6.50 1.50 7.00 4.00
1-Week 7.50 8.50 8.50 9.00 8.38
2-Weeks 9.00 9.30 9.25 9.50 9.26
1-Month 9.25 9.60 9.40 9.75 9.50
2-Months 9.75 10.00 9.90 10.10 9.94
3-Months 9.75 10.25 10.00 10.40 10.10
4-Months 9.75 10.25 10.00 10.40 10.10
5-Months 9.90 10.30 10.20 10.50 10.23
6-Months 10.00 10.30 10.25 10.50 10.26
9-Months 10.00 10.40 10.25 10.50 10.29
1-Year 10.10 10.50 10.30 10.60 10.38
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 9.60 9.70
0.6-1.0 Years 9.60 9.70
1.1-1.5 Years 9.70 9.75
1.6-2.0 Years 9.80 9.90
2.1-2.5 Years 9.90 10.00
2.6-3.0 Years 10.10 10.20
3.1-3.5 Years 10.10 10.20
3.6-4.0 Years 10.15 10.25
4.1-4.5 Years 10.20 10.30
4.6-5.0 Years 10.50 10.60
5.1-5.5 Years 10.60 10.70
5.6-6.0 Years 10.60 10.70
6.1-6.5 Years 10.70 10.80
6.6-7.0 Years 10.70 10.80
7.1-7.5 Years 10.75 10.85
7.6-8.0 Years 10.85 10.95
8.1-8.5 Years 10.85 10.95
8.6-9.0 Years 10.90 11.00
9.1-9.5 Years 10.90 11.00
9.5-10.0 Year 11.15 11.30
15 Years 11.75 11.85
20 Years 12.00 12.20
30 Years 12.30 12.40
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 9.50 9.75
3 Months 10.00 10.25
6 Months 10.25 10.75
12 Months 10.50 11.00
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 8.75-9.25
8-15 Days 9.10-9.40
16-30 Days 9.25-9.40
31-60 Days 9.40-9.50
61-90 Days 9.40-9.50
91-120 Days 9.50-9.60
121-180 Days 9.50-9.60
181-270 Days 9.60-9.80
271-365 Days 9.60-9.80
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 63.10 63.20
EUR 92.10 92.30
GBP 124.10 124.30
=================================
Comments
Comments are closed.