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Print Print 2012-09-21

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (September 20, 2012).
Published September 21, 2012

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (September 20, 2012).
DAILY MONEY MARKET COMMENTS: The interbank market initiated at the top level of 10.40% and remained unchanged throughout the day. We are expecting a heavy discounting figure at the day end from SBP.


=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 10.40 10.40 10.40 10.40 10.40
1-Week 10.00 10.30 10.30 10.40 10.25
2-Week 10.05 10.25 10.25 10.30 10.21
1-Month 10.10 10.25 10.20 10.30 10.21
2-Months 10.10 10.25 10.15 10.30 10.20
3-Months 10.05 10.20 10.10 10.25 10.15
4-Months 10.00 10.15 10.10 10.20 10.11
5-Months 10.00 10.15 10.10 10.20 10.11
6-Months 10.00 10.15 10.10 10.15 10.10
9-Months 10.00 10.15 10.10 10.15 10.10
1-Year 10.00 10.15 10.10 10.15 10.10
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 10.40 10.40 10.40 10.45 10.41
1-Week 10.20 10.40 10.40 10.45 10.36
2-Week 10.20 10.40 10.40 10.45 10.36
1-Month 10.25 10.35 10.30 10.40 10.33
2-Months 10.20 10.35 10.25 10.40 10.30
3-Months 10.20 10.35 10.25 10.40 10.30
4-Months 10.25 10.45 10.35 10.50 10.39
5-Months 10.25 10.45 10.35 10.50 10.39
6-Months 10.25 10.45 10.35 10.50 10.39
9-Months 10.30 10.50 10.40 10.60 10.45
1-Year 10.35 10.50 10.50 10.65 10.50
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 10.20 10.25
0.6-1.0 Years 10.20 10.25
1.1-1.5 Years 10.25 10.30
1.6-2.0 Years 10.26 10.32
2.1-2.5 Years 10.55 10.60
2.6-3.0 Years 10.58 10.65
3.1-3.5 Years 11.00 11.05
3.6-4.0 Years 11.05 11.10
4.1-4.5 Years 11.15 11.20
4.6-5.0 Years 11.15 11.20
5.1-5.5 Years 11.25 11.30
5.6-6.0 Years 11.30 11.35
6.1-6.5 Years 11.35 11.40
6.6-7.0 Years 11.45 11.50
7.1-7.5 Years 11.50 11.55
7.6-8.0 Years 11.60 11.65
8.1-8.5 Years 11.55 11.60
8.6-9.0 Years 11.55 11.60
9.1-9.5 Years 11.52 11.56
9.5-10.0 Years 11.50 11.55
15 Years 12.10 12.15
20 Years 12.20 12.25
30 Years 12.25 12.30
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 10.60 10.75
3 Months 10.65 10.80
6 Months 10.75 10.90
12 Months 10.80 11.00
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 10.40 10.45
8-15 Days 10.35 10.40
16-30 Days 10.35 10.40
31-60 Days 10.30 10.35
61-90 Days 10.15 10.20
91-120 Days 10.04 10.10
121-180 Days 10.00 10.04
181-270 Days 10.00 10.05
271-365 Days 10.00 10.05
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 94.65 94.85
EUR 124.00 125.00
GBP 153.00 154.00
JPY 1.20 1.22
================================

Copyright Business Recorder, 2012

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