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Print Print 2006-07-09

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (July 08, 2006).
Published July 9, 2006

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (July 08, 2006).
DAILY MONEY MARKET COMMENTS: The money market rates initiated within the band of 7.75% - 8.25%. As the day progressed most of the trades were seen in the vicinity of 7.25% - 7.75%. Money market closed at the levels of 6.75% - 7.25%. As for Monday it is expected that money market would remain within the band of 7.00% - 8.00%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 6.50 7.75 6.75 8.25 7.31
1-Week 7.50 8.00 7.75 8.20 7.86
2-Weeks 7.75 8.10 8.00 8.25 8.03
1-Month 7.75 8.10 8.00 8.30 8.04
2-Months 8.15 8.30 8.25 8.40 8.28
3-Months 8.25 8.50 8.35 8.50 8.40
4-Months 8.30 8.55 8.40 8.65 8.48
5-Months 8.40 8.55 8.50 8.70 8.54
6-Months 8.40 8.65 8.50 8.70 8.56
9-Months 8.50 8.70 8.65 8.80 8.66
1-Year 8.70 8.80 8.75 8.85 8.78
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.00 8.00 7.25 8.25 7.63
1-Week 7.75 8.40 8.10 8.60 8.21
2-Weeks 8.00 8.40 8.25 8.60 8.31
1-Month 8.60 9.00 8.75 9.25 8.90
2-Months 8.60 9.25 8.90 9.40 9.04
3-Months 8.75 9.40 9.15 9.60 9.23
4-Months 8.90 9.40 9.25 9.60 9.29
5-Months 9.00 9.50 9.25 9.60 9.34
6-Months 9.25 9.65 9.40 9.75 9.51
9-Months 9.25 9.75 9.60 10.00 9.65
1-Year 9.50 9.75 9.75 10.25 9.81
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.60 8.70
0.6-1.0 Years 8.80 8.90
1.1-1.5 Years 8.90 9.05
1.6-2.0 Years 9.20 9.30
2.1-2.5 Years 9.20 9.30
2.6-3.0 Years 9.25 9.35
3.1-3.5 Years 9.20 9.40
3.6-4.0 Years 9.35 9.45
4.1-4.5 Years 9.40 9.45
4.6-5.0 Years 9.50 9.60
5.1-5.5 Years 9.55 9.60
5.6-6.0 Years 9.55 9.65
6.1-6.5 Years 9.60 9.65
6.6-7.0 Years 9.55 9.65
7.1-7.5 Years 9.55 9.65
7.6-8.0 Years 9.60 9.70
8.1-8.5 Years 9.60 9.70
9.5-10.0Years 9.80 9.85
15 Years 10.50 11.00
20 Years 10.75 11.25
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.60 8.70
0.6-1.0 Years 8.80 8.90
1.1-1.5 Years 8.90 9.05
1.6-2.0 Years 9.20 9.30
2.1-2.5 Years 9.20 9.30
2.6-3.0 Years 9.25 9.35
3.1-3.5 Years 9.20 9.40
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 9.25 9.75
3 Months 9.50 10.00
6 Months 10.00 10.50
12 Months 10.75 11.25
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 8.50-9.00
8-15 Days 8.40-8.75
16-30 Days 8.50-8.65
31-60 Days 8.50-8.65
61-90 Days 8.50-8.60
91-120 Days 8.50-8.60
121-180 Days 8.55-8.65
181-270 Days 8.60-8.70
271-365 Days 8.78-8.80
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 60.65 60.70
EUR 77.40 77.70
GBP 111.80 112.20
=================================

Copyright Business Recorder, 2006

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