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Print Print 2007-12-16

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (December 15, 2007).
Published December 16, 2007

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (December 15, 2007).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 8.75% - 9.25%. In Clean, the trading levels varied between 9.50% - 9.90% and in call the trades were seen in the range of 9.75% - 9.90%. Money market closed at the level of 9.90%.
For Monday it is expected that money market would trade at the level of 9.25% - 9.75%.


=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.25 9.90 9.50 9.90 9.64
1-Week 9.50 9.75 9.75 9.90 9.73
2-Weeks 9.40 9.60 9.55 9.75 9.58
1-Month 9.30 9.45 9.40 9.50 9.41
2-Months 9.25 9.35 9.35 9.45 9.35
3-Months 9.25 9.40 9.30 9.45 9.35
4-Months 9.25 9.40 9.35 9.50 9.38
5-Months 9.30 9.45 9.35 9.50 9.40
6-Months 9.30 9.50 9.40 9.55 9.44
9-Months 9.35 9.45 9.40 9.55 9.44
1-Year 9.35 9.50 9.40 9.55 9.45
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.50 9.90 9.75 10.00 9.79
1-Week 9.75 10.00 9.85 10.10 9.93
2-Weeks 9.50 9.75 9.75 9.90 9.73
1-Month 9.50 9.70 9.60 9.75 9.64
2-Months 9.50 9.70 9.60 9.80 9.65
3-Months 9.50 9.75 9.60 9.80 9.66
4-Months 9.50 9.75 9.60 9.80 9.66
5-Months 9.50 9.90 9.65 9.90 9.74
6-Months 9.60 10.00 9.75 10.10 9.86
9-Months 9.75 10.10 10.00 10.25 10.03
1-Year 9.90 10.25 10.10 10.40 10.16
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 9.40 9.50
0.6-1.0 Years 9.45 9.50
1.1-1.5 Years 9.50 9.60
1.6-2.0 Years 9.50 9.65
2.1-2.5 Years 9.55 9.65
2.6-3.0 Years 9.65 9.70
3.1-3.5 Years 9.70 9.75
3.6-4.0 Years 9.70 9.75
4.1-4.5 Years 9.80 9.85
4.6-5.0 Years 9.85 9.90
5.1-5.5 Years 9.90 9.95
5.6-6.0 Years 9.95 10.00
6.1-6.5 Years 10.00 10.05
6.6-7.0 Years 10.00 10.10
7.1-7.5 Years 10.10 10.20
7.6-8.0 Years 10.25 10.35
8.1-8.5 Years 10.30 10.35
8.6-9.0 Years 10.30 10.35
9.5-10.0 Years 10.35 10.40
15 Years 11.25 11.35
20 Years 11.30 11.40
30 Years 11.50 11.70
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 9.40 9.50
0.6-1.0 Years 9.50 9.60
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 9.60 9.80
3 Months 9.65 9.90
6 Months 9.90 10.20
12 Months 10.25 10.50
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 9.40-9.50
8-15 Days 9.35-9.45
16-30 Days 9.35-9.40
31-60 Days 9.25-9.30
61-90 Days 9.25-9.35
91-120 Days 9.25-9.35
121-180 Days 9.30-9.35
181-270 Days 9.37-9.40
271-365 Days 9.40-9.44
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 61.10 61.20
EUR 87.80 88.00
GBP 122.80 123.00
=================================

Copyright Business Recorder, 2007

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