Print
Print 2005-10-05
Money Market Report
Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 04, 2005).
Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 04, 2005).
DAILY MONEY MARKET COMMENTS: Today money market rates were initiated at the level of 7.25% - 7.75% and the first repo deal was witnessed at 7.60%. However, in clean & call placements the overnight interest rates were at 8.50% - 9.00%. Today money market closed at 8.90%. SBP reported a discounting of Rs 100 million.
Keeping in view of today's interbank market we believe that on Wednesday overnight repo rates will remain at the level of 8.25% - 8.75%.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.50 8.90 7.75 8.90 8.26
1-Week 7.50 7.75 7.90 8.25 7.85
2-Week 7.50 7.75 8.00 8.20 7.86
1-Month 7.75 8.00 8.15 8.30 8.05
2-Months 7.75 8.00 8.20 8.30 8.06
3-Months 7.85 8.00 8.15 8.25 8.06
4-Months 7.90 8.10 8.20 8.40 8.15
5-Months 8.10 8.25 8.30 8.45 8.28
6-Months 8.15 8.25 8.40 8.50 8.33
9-Months 8.25 8.50 8.55 8.65 8.49
1-Year 8.45 8.60 8.70 8.80 8.64
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 8.00 8.90 8.50 9.00 8.60
1-Week 7.75 8.10 8.25 8.60 8.18
2-Week 7.80 8.25 8.30 8.75 8.28
1-Month 7.85 8.30 8.40 8.75 8.33
2-Months 8.10 8.50 8.50 9.00 8.53
3-Months 8.30 8.85 8.65 9.25 8.76
4-Months 8.40 9.00 8.80 9.30 8.88
5-Months 8.45 9.15 8.90 9.40 8.98
6-Months 8.50 9.25 8.95 9.45 9.04
9-Months 8.65 9.30 9.00 9.50 9.11
1-Year 9.00 9.50 9.25 9.75 9.38
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.30 8.50
0.6-1.0 Years 8.70 8.85
1.1-1.5 Years 8.90 9.15
1.6-2.0 Years 8.90 9.05
2.1-2.5 Years 8.90 9.00
2.6-3.0 Years 8.95 9.15
3.1-3.5 Years 9.00 9.20
3.6-4.0 Years 9.00 9.25
4.1-4.5 Years 9.05 9.30
4.6-5.0 Years 9.25 9.40
5.1-5.5 Years 9.30 9.40
5.6-6.0 Years 9.35 9.45
6.1-6.5 Years 9.35 9.45
6.6-7.0 Years 9.40 9.50
7.1-7.5 Years 9.40 9.50
7.6-8.0 Years 9.40 9.55
8.1-8.5 Years 9.20 9.30
8.6-9.0 Years 9.05 9.15
15 Years 10.75 11.50
20 Years 11.75 12.50
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.10 8.30
0.6-1.0 Years 8.40 8.75
1.1-1.5 Years 8.80 8.90
1.6-2.0 Years 9.00 9.15
2.1-2.5 Years 9.00 9.10
2.6-3.0 Years 9.05 9.25
3.1-3.5 Years 9.10 9.30
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 9.00 9.25
3 Months 9.35 9.65
6 Months 9.60 9.90
12 Months 9.90 10.75
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 8.00-8.75
8-15 Days 8.25-8.40
16-30 Days 7.90-8.05
31-60 Days 8.00-8.10
61-90 Days 8.05-8.15
91-120 Days 8.10-8.25
121-180 Days 8.15-8.35
181-270 Days 8.65-8.75
271-365 Days 8.70-8.80
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 60.25 60.35
EUR 72.00 72.20
GBP 106.00 106.20
=================================
Comments
Comments are closed.