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Print Print 2012-04-07

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (April 06, 2012).
Published April 7, 2012

Money market report by Khadim Ali Shah Bukhari & Co on Friday (April 06, 2012).
DAILY MONEY MARKET COMMENTS: The interbank market initiated within the range of 11.50% - 11.75%. Major trades were executed between 11.50% - 11.65%. SBP conducted OMO for 7 days and injected Rs [email protected]% against the total participation of Rs 227bn. The market closed within the range of 11.25% - 11.40%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.10 11.75 11.25 11.80 11.48
1-Week 11.40 11.70 11.50 11.75 11.59
2-Week 11.50 11.70 11.65 11.75 11.65
1-Month 11.60 11.75 11.70 11.80 11.71
2-Months 11.60 11.75 11.75 11.80 11.73
3-Months 11.70 11.80 11.80 11.85 11.79
4-Months 11.70 11.80 11.80 11.85 11.79
5-Months 11.75 11.85 11.85 11.90 11.84
6-Months 11.75 11.85 11.85 11.90 11.84
9-Months 11.80 11.90 11.85 11.95 11.88
1-Year 11.80 11.90 11.85 11.95 11.88
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.10 11.75 11.25 11.80 11.48
1-Week 11.50 11.75 11.60 11.85 11.68
2-Week 11.65 11.80 11.75 11.85 11.76
1-Month 11.70 11.85 11.80 11.90 11.81
2-Months 11.75 11.85 11.80 11.90 11.83
3-Months 11.75 11.85 11.80 11.95 11.84
4-Months 11.75 11.90 11.85 11.95 11.86
5-Months 11.80 11.90 11.85 11.95 11.88
6-Months 11.85 11.95 11.90 12.00 11.93
9-Months 11.85 12.00 11.90 12.10 11.96
1-Year 11.90 12.10 12.00 12.20 12.05
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 12.10 12.15
0.6-1.0 Years 12.25 12.30
1.1-1.5 Years 12.30 12.35
1.6-2.0 Years 12.35 12.40
2.1-2.5 Years 12.50 12.55
2.6-3.0 Years 12.55 12.60
3.1-3.5 Years 12.65 12.70
3.6-4.0 Years 12.85 12.90
4.1-4.5 Years 12.95 13.00
4.6-5.0 Years 12.95 13.00
5.1-5.5 Years 13.00 13.05
5.6-6.0 Years 13.05 13.10
6.1-6.5 Years 13.10 13.15
6.6-7.0 Years 13.15 13.18
7.1-7.5 Years 13.16 13.20
7.6-8.0 Years 13.20 13.23
8.1-8.5 Years 13.20 13.23
8.6-9.0 Years 13.20 13.23
9.1-9.5 Years 13.20 13.24
9.5-10.0 Years 13.20 13.24
15 Years 13.45 13.50
20 Years 12.55 13.60
30 Years 13.65 13.70
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 11.90 12.10
3 Months 12.25 12.40
6 Months 12.40 12.60
12 Months 12.50 12.75
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 11.65 11.70
8-15 Days 11.70 11.75
16-30 Days 11.68 11.72
31-60 Days 11.75 11.80
61-90 Days 11.82 11.85
91-120 Days 11.87 11.90
121-180 Days 11.90 11.92
181-270 Days 11.92 11.94
271-365 Days 11.93 11.96
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
GBP 143.5 145.5
USD 90.80 91.00
EUR 118.50 120.50
JPY 1.07 1.12
================================

Copyright Business Recorder, 2012

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