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Print Print 2010-10-16

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 15, 2010).
Published October 16, 2010

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 15, 2010).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.00% -12.25%. In Repo, major deals were done in the range of 11.90%-12.20%. Money Market closed at the level of 11.50% -12.00%.
For Monday it is expected that money market would trade at the level of 11.50% - 12.25%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.50 12.25 11.75 12.40 11.98
1-Week 11.10 12.10 12.00 12.15 11.84
2-Week 11.25 12.15 12.00 12.20 11.90
1-Month 11.60 12.30 12.25 12.35 12.13
2-Months 12.20 12.35 12.35 12.40 12.33
3-Months 12.30 12.65 12.55 12.70 12.55
4-Months 12.50 12.75 12.75 12.80 12.70
5-Months 12.55 12.90 12.85 13.00 12.83
6-Months 12.60 12.90 12.80 13.00 12.83
9-Months 12.70 13.00 12.95 13.10 12.94
1-Year 12.80 13.00 13.00 13.15 12.99
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.50 12.30 11.75 12.50 12.01
1-Week 11.25 12.10 12.00 12.15 11.88
2-Week 11.40 12.20 12.00 12.30 11.98
1-Month 12.10 12.40 12.25 12.50 12.31
2-Months 12.40 12.75 12.70 12.90 12.69
3-Months 12.50 13.00 12.85 13.10 12.86
4-Months 12.60 13.00 13.00 13.10 12.93
5-Months 12.70 13.10 13.10 13.20 13.03
6-Months 12.80 13.25 12.90 13.35 13.08
9-Months 12.90 13.30 13.10 13.40 13.18
1-Year 13.10 13.40 13.20 13.45 13.29
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Year 13.30 13.35
0.6-1.0 Year 13.35 13.40
1.1-1.5 Year 13.35 13.40
1.6-2.0 Year 13.40 13.45
2.1-2.5 Year 13.45 13.50
2.6-3.0 Year 13.45 13.50
3.1-3.5 Year 13.50 13.55
3.6-4.0 Year 13.50 13.55
4.1-4.5 Year 13.50 13.55
4.6-5.0 Year 13.55 13.60
5.1-5.5 Year 13.55 13.60
5.6-6.0 Year 13.60 13.65
6.1-6.5 Year 13.60 13.65
6.6-7.0 Year 13.65 13.70
7.1-7.5 Year 13.65 13.70
7.6-8.0 Year 13.70 13.75
8.1-8.5 Year 13.70 13.75
8.6-9.0 Year 13.70 13.75
9.1-9.5 Year 13.75 13.80
9.5-10.0 Years 13.75 13.80
15 Years 14.15 14.20
20 Years 14.20 14.25
30 Years 14.30 14.40
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.60 12.90
3 Months 13.00 13.25
6 Months 13.40 13.50
12 Months 13.50 12.70
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 11.90 12.00
8-15 Days 12.00 12.10
16-30 Days 12.15 12.25
31-60 Days 12.35 12.40
61-90 Days 12.50 12.60
91-120 Days 12.75 12.85
121-180 Days 12.85 12.95
181-270 Days 12.95 13.05
271-365 Days 13.10 13.20
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.90 86.25
EUR 118.50 119.00
GBP 135.50 136.50
================================

Copyright Business Recorder, 2010

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