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Print Print 2005-02-04

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 03, 2005).
Published February 4, 2005

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 03, 2005).
DAILY MONEY MARKET COMMENTS: Today money market was initiated at the level of 1.50%-2.00%. As the day progressed market came down and was traded at the level of 1.00%-1.50%. Most of the trades were seen at the level of 1.00%. At the end market further came down and was seen at the level of 0.50%-0.75% and closed at the same level of 0.50%.



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Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 0.50 1.50 0.75 2.00 1.19
1-Week 2.75 3.00 3.50 3.75 3.25
2-Week 3.50 3.75 4.25 4.50 4.00
1-Month 4.50 5.00 5.00 5.25 4.94
2-Months 4.60 5.10 5.20 5.40 5.08
3-Months 4.50 5.50 5.00 5.75 5.19
4-Months 4.75 5.50 5.25 5.75 5.31
5-Months 5.00 5.60 5.40 5.80 5.45
6-Months 5.25 5.75 5.50 6.00 5.63
9-Months 5.40 5.80 5.75 6.00 5.74
1-Year 5.75 6.00 6.25 6.50 6.13
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 1.00 2.00 1.50 3.00 1.88
1-Week 5.00 5.50 6.00 6.50 5.75
2-Week 4.50 5.00 5.50 5.75 5.19
1-Month 5.50 5.75 6.00 6.50 5.94
2-Month 5.60 5.80 6.20 6.60 6.05
3-Month 6.00 6.50 6.75 7.00 6.56
4-Month 6.25 6.50 6.80 7.10 6.66
5-Month 6.40 6.60 7.00 7.20 6.80
6-Month 6.75 6.90 7.00 7.25 6.98
9-Month 6.90 7.10 7.20 7.30 7.13
1-Year 7.00 7.10 7.25 7.40 7.19
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 4.50 5.00
0.6-1.0 Years 5.00 5.25
1.1-1.5 Years 5.50 5.75
1.6-2.0 Years 5.75 6.00
2.1-2.5 Years 5.80 6.00
2.6-3.0 Years 5.85 6.10
3.1-3.5 Years 6.00 6.40
3.6-4.0 Years 6.25 6.50
4.1-4.5 Years 6.50 6.80
5.6-6.0 Years 7.25 7.40
6.1-6.5 Years 7.35 7.60
6.6-7.0 Years 7.45 7.85
7.1-7.5 Years 7.55 7.90
7.6-8.0 Years 7.60 7.90
8.1-8.5 Years 7.65 7.95
8.6-9.0 Years 7.70 7.95
9.1-9.5 Years 7.75 7.95
9.6-10.0 Year 7.80 7.95
15 Years 8.90 9.10
20 Years 9.95 10.05
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 4.50 5.00
0.6-1.0 Years 5.00 5.25
1.1-1.5 Years 5.50 5.75
1.6-2.0 Years 5.75 6.00
2.1-2.5 Years 5.80 6.00
2.6-3.0 Years 5.85 6.10
3.1-3.5 Years 6.00 6.40
3.6-4.0 Years 6.25 6.50
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
01 Month 8.00 9.00
03 Months 6.75 7.25
06 Months 7.00 7.75
12 Months 7.50 8.25
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 4.00-4.50
8-15 Days 4.30-4.80
16-30 Days 4.40-4.85
31-60 Days 4.50-4.90
61-90 Days 4.60-4.95
91-120 Days 4.75-5.00
121-180 Days 4.80-5.10
181-270 Days 5.00-5.25
271-365 Days 5.25-5.50
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 59.45 59.55
EUR 77.60 77.90
GBP 112.10 112.30
=================================

Copyright Business Recorder, 2005

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