Pakistan Investment Bond: Secondary Market Yields

PIB secondary market yield rates on Thursday (July 22, 2004).

===========================================

Date         10-years    5-years    3-years

===========================================

05-July-04  5.52-5.35  6.50-6.33  7.80-7.72

06-July-04  5.40-5.23  6.50-6.33  7.78-7.72

07-July-04  5.27-5.23  6.45-6.28  7.77-7.72

08-July-04  5.38-5.22  6.45-6.28  7.77-7.73

09-July-04  5.38-5.22  6.45-6.28  7.80-7.73

10-July-04  5.22-5.22  6.47-6.30  7.81-7.75

11-July-04  5.22-5.22  6.47-6.30  7.81-7.75

12-July-04  5.25-5.10  6.49-6.28  7.89-7.80

13-July-04  5.25-5.05  6.60-6.40  7.97-7.93

14-July-04  5.57-5.42  6.67-6.48  8.05-7.98

15-July-04  6.07-5.77  7.00-6.77  8.63-8.30

16-July-04  6.18-5.97  7.20-6.98  8.68-8.48

17-July-04  6.03-5.75  6.97-6.70  8.19-8.17

19-July-04  5.78-5.65  6.62-6.42  8.22-8.10

20-July-04  5.70-5.50  6.90-6.70  8.35-8.20

21-July-04  6.03-5.83  7.80-6.90  8.40-8.22

22-July-04  6.03-5.90  7.08-6.92  8.48-8.35

===========================================