Print
Print 2008-08-20
Money Market Report
Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (August 19, 2008).
Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (August 19, 2008).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.90%. In Clean, trading levels varied between 13.75% - 15.25% and in Call most of the deals were done within the range of 13.50% - 15.00%. Money Market closed at the level of 12.00% - 12.25 %. SBP announced 4 days OMO and injected Rs 25.6 billion @ 12.45% against total participation of Rs 34 billion.
For Wednesday it is expected that money market would trade at the level of 11.75% - 12.50%.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.75 12.90 12.00 12.90 12.39
1-Week 12.25 12.60 12.50 12.75 12.53
2-Week 12.25 12.50 12.50 12.65 12.48
1-Month 11.75 12.10 12.10 12.40 12.09
2-Months 11.75 12.10 12.00 12.20 12.01
3-Months 11.80 12.10 12.00 12.30 12.05
4-Months 11.85 12.10 12.10 12.30 12.09
5-Months 11.90 12.20 12.15 12.30 12.14
6-Months 11.90 12.25 12.15 12.35 12.16
9-Months 12.00 12.25 12.20 12.35 12.20
1-Year 12.10 12.25 12.20 12.40 12.24
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.50 14.50 13.00 15.00 13.75
1-Week 12.75 14.00 13.25 14.50 13.63
2-Week 12.75 14.00 13.00 14.50 13.56
1-Month 12.50 14.00 13.25 14.25 13.50
2-Months 13.00 14.00 13.50 14.50 13.75
3-Months 13.00 14.50 13.50 15.00 14.00
4-Months 13.00 14.50 13.75 15.00 14.06
5-Months 13.00 14.75 14.00 15.25 14.25
6-Months 13.50 15.00 14.00 15.50 14.50
9-Months 13.75 15.00 14.50 15.50 14.69
1-Year 14.00 15.50 14.75 15.75 15.00
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 12.00 12.25
0.6-1.0 Years 12.40 12.50
1.1-1.5 Years 13.25 13.35
1.6-2.0 Years 13.25 13.35
2.1-2.5 Years 13.30 13.40
2.6-3.0 Years 13.40 13.70
3.1-3.5 Years 13.50 13.70
3.6-4.0 Years 13.60 13.85
4.1-4.5 Years 13.65 13.90
4.6-5.0 Years 13.65 13.90
5.1-5.5 Years 13.85 14.00
5.6-6.0 Years 13.85 14.10
6.1-6.5 Years 13.90 14.20
6.6-7.0 Years 13.95 14.20
7.1-7.5 Years 13.95 14.25
7.6-8.0 Years 14.00 14.30
8.1-8.5 Years 14.10 14.35
8.6-9.0 Years 14.20 14.35
9.1-9.5 Years 14.20 14.40
9.5-10.0 Years 14.15 14.25
15 Years 14.70 14.90
20 Years 15.00 15.20
30 Years 15.10 15.30
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.50 14.50
3 Months 14.00 15.00
6 Months 14.50 15.50
12 Months 15.00 16.00
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.40-12.80
8-15 Days 12.40-12.60
16-30 Days 12.20-12.40
31-60 Days 12.10-12.30
61-90 Days 12.15-12.35
91-120 Days 12.20-12.35
121-180 Days 12.25-12.40
181-270 Days 12.25-12.40
271-365 Days 12.30-12.45
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 73.75 74.25
EUR 108.60 110.60
GBP 137.50 139.50
================================
Comments
Comments are closed.