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Print Print 2010-11-26

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 25, 2010).
Published November 26, 2010

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 25, 2010).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.75% - 12.00%. In Repo, major deals were done in the range of 11.25% - 11.75%. Money Market closed at the level of 10.55% - 10.60%.
For Friday it is expected that money market would trade at the level of 10.75% - 11.50%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 10.55 11.90 10.60 12.00 11.26
1-Week 10.90 11.75 11.75 12.00 11.60
2-Week 11.00 12.15 12.10 12.20 11.86
1-Month 11.50 12.50 12.50 12.60 12.28
2-Months 12.00 12.55 12.50 12.65 12.43
3-Months 12.40 12.75 12.60 12.85 12.65
4-Months 12.50 12.80 12.75 12.90 12.74
5-Months 12.70 12.90 12.85 13.00 12.86
6-Months 12.80 12.90 12.80 13.00 12.88
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 10.55 12.00 10.60 12.10 11.31
1-Week 11.25 12.00 11.90 12.10 11.81
2-Week 12.00 12.20 12.20 12.30 12.18
1-Month 12.20 12.50 12.50 12.60 12.45
2-Months 12.40 12.90 12.75 13.00 12.76
3-Months 12.50 13.10 12.90 13.25 12.94
4-Months 12.60 13.15 13.00 13.25 13.00
5-Months 12.70 13.20 13.10 13.30 13.08
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 Years 13.30 13.35
0.6-1.0 Years 13.35 13.40
1.1-1.5 Years 13.35 13.40
1.6-2.0 Years 13.40 13.45
2.1-2.5 Years 13.45 13.50
2.6-3.0 Years 13.60 13.65
3.1-3.5 Years 13.60 13.65
3.6-4.0 Years 13.65 13.70
4.1-4.5 Years 13.65 13.70
4.6-5.0 Years 13.65 13.70
5.1-5.5 Years 13.65 13.70
5.6-6.0 Years 13.70 13.75
6.1-6.5 Years 13.70 13.75
6.6-7.0 Years 13.70 13.75
7.1-7.5 Years 13.75 13.80
7.6-8.0 Years 13.75 13.80
8.1-8.5 Years 13.75 13.80
8.6-9.0 Years 13.80 13.85
9.1-9.5 Years 13.82 13.88
9.5-10.0 Years 13.83 13.88
15 Years 14.20 14.25
20 Years 14.30 14.35
30 Years 14.40 14.50
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.60 12.75
3 Months 13.00 13.30
6 Months 13.40 13.60
12 Months 13.50 13.75
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 11.80 12.00
8-15 Days 12.05 12.15
16-30 Days 12.30 12.40
31-60 Days 12.50 12.60
61-90 Days 12.70 12.75
91-120 Days 12.90 13.00
121-180 Days 13.10 13.20
181-270 Days 13.20 13.30
271-365 Days 13.25 13.35
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.30 85.60
EUR 113.10 114.50
GBP 135.50 136.50
================================

Copyright Business Recorder, 2010

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