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Print Print 2007-02-04

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (February 03, 2007).
Published February 4, 2007

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (February 03, 2007).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 8.75% - 9.00%. As the day progressed most of the repo trades were seen at the level of 9.00% - 9.25%.
In Call and Clean market remained within the band of 9.50% - 9.75%. Money market closed at the level of 8.75% - 9.00%. For Tuesday it is expected that money market would remain within the band of 8.75% - 9.25%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 8.50 9.25 8.60 9.40 8.94
1-Week 8.50 8.75 8.70 8.85 8.70
2-Weeks 8.60 8.80 8.75 8.90 8.76
1-Month 8.65 8.80 8.75 8.90 8.78
2-Months 8.65 8.80 8.75 8.90 8.78
3-Months 8.70 8.95 8.80 9.00 8.86
4-Months 8.70 9.00 8.80 9.10 8.90
5-Months 8.75 9.00 8.85 9.15 8.94
6-Months 8.80 9.00 8.90 9.20 8.98
9-Months 8.85 9.10 9.00 9.25 9.05
1-Year 8.90 9.10 9.10 9.35 9.11
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.25 9.75 9.40 10.00 10.05
1-Week 9.25 9.75 9.50 10.00 9.75
2-Weeks 9.25 9.75 9.50 10.25 10.01
1-Month 9.50 10.00 9.75 10.25 10.38
2-Months 9.50 10.25 9.75 10.50 10.62
3-Months 9.75 10.60 10.25 10.75 10.77
4-Months 10.00 10.75 10.25 11.00 10.98
5-Months 10.00 10.75 10.50 11.00 11.19
6-Months 10.25 11.00 10.75 11.25 11.43
9-Months 10.40 11.0 11.00 11.50 10.98
1-Year 10.50 11.25 11.00 11.50 11.06
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.90 9.00
0.6-1.0 Years 9.00 9.10
1.1-1.5 Years 9.25 9.40
1.6-2.0 Years 9.50 9.60
2.1-2.5 Years 9.70 9.80
2.6-3.0 Years 9.75 9.90
3.1-3.5 Years 9.75 9.90
3.6-4.0 Years 9.75 9.90
4.1-4.5 Years 9.85 9.95
4.6-5.0 Years 9.85 9.95
5.1-5.5 Years 9.90 10.00
5.6-6.0 Years 9.90 10.10
6.1-6.5 Years 10.00 10.25
6.6-7.0 Years 10.15 10.25
7.1-7.5 Years 10.20 10.30
7.6-8.0 Years 10.25 10.35
8.1-8.5 Years 10.25 10.35
8.6-9.0 Years 10.30 10.40
9.1-9.5 Years 10.40 10.60
9.5-10.0 Years 10.40 10.60
15 Years 11.10 11.30
20 Years 11.30 11.60
30 Years 11.40 11.90
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.90 9.00
0.6-1.0 Years 9.00 9.10
1.1-1.5 Years 9.25 9.40
1.6-2.0 Years 9.50 9.60
2.1-2.5 Years 9.70 9.80
2.6-3.0 Years 9.75 9.90
3.1-3.5 Years 9.75 9.90
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 9.75 10.25
3 Months 10.50 11.00
6 Months 11.00 11.75
12 Months 11.50 12.50
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 9.00-9.30
8-15 Days 8.75-9.25
16-30 Days 8.75-8.90
31-60 Days 8.70-9.00
61-90 Days 8.60-8.70
91-120 Days 8.70-8.75
121-180 Days 8.75-8.80
181-270 Days 8.85-8.95
271-365 Days 8.95-9.00
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 60.75 60.80
EUR 78.35 78.45
GBP 119.00 119.10
=================================

Copyright Business Recorder, 2007

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