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Print 2008-04-15
Money Market Report
Money market report by Khadim Ali Shah Bukhari & Co on Monday (April 14, 2008).
Money market report by Khadim Ali Shah Bukhari & Co on Monday (April 14, 2008).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 9.25% - 9.75%. In Clean, the trading levels varied between 10.00% - 10.50% and in Call most of the deal were done with in the range of 9.75% - 10.50%. Money market closed at the level of 10.40%. SBP reported a discounting of PKR 525 million.
For Tuesday it is expected that money market would trade at the level of 10.25% - 10.40%.
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Repo Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 9.25 10.40 9.50 10.25 9.85
1-Week 9.60 9.90 9.80 10.00 9.83
2-Weeks 9.55 9.90 9.70 10.00 9.79
1-Month 9.50 9.70 9.60 9.80 9.65
2-Months 9.50 9.65 9.60 9.75 9.63
3-Months 9.50 9.65 9.60 9.75 9.63
4-Months 9.60 9.80 9.70 9.90 9.75
5-Months 9.65 9.90 9.75 10.00 9.83
6-Months 9.70 9.90 9.80 10.00 9.85
9-Months 9.75 10.00 9.90 10.10 9.94
1-Year 10.00 10.15 10.10 10.25 10.13
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Call Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 9.75 11.00 10.00 11.50 10.56
1-Week 10.00 10.50 10.25 10.75 10.38
2-Weeks 10.00 10.50 10.25 10.75 10.38
1-Month 9.75 10.25 10.00 10.40 10.10
2-Months 9.75 10.25 10.00 10.40 10.10
3-Months 9.85 10.25 10.00 10.50 10.15
4-Months 9.90 10.40 10.10 10.60 10.25
5-Months 10.00 10.50 10.25 10.75 10.38
6-Months 10.00 10.50 10.25 10.75 10.38
9-Months 10.25 10.50 10.50 10.75 10.50
1-Year 10.25 10.75 10.50 11.00 10.63
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 10.00 10.20
0.6-1.0 Years 10.25 10.30
1.1-1.5 Years 10.25 10.35
1.6-2.0 Years 10.30 10.40
2.1-2.5 Years 10.35 10.45
2.6-3.0 Years 10.40 10.50
3.1-3.5 Years 10.55 10.65
3.6-4.0 Years 10.55 10.65
4.1-4.5 Years 10.60 10.65
4.6-5.0 Years 10.60 10.70
5.1-5.5 Years 10.75 10.85
5.6-6.0 Years 10.75 10.85
6.1-6.5 Years 10.80 10.90
6.6-7.0 Years 10.80 10.90
7.1-7.5 Years 10.85 10.95
7.6-8.0 Years 11.15 11.25
8.1-8.5 Years 11.20 11.30
8.6-9.0 Years 11.30 11.35
9.1-9.5 Years 11.40 11.45
9.5-10.0 Year 11.42 11.48
15 Years 11.90 12.10
20 Years 12.00 12.10
30 Years 12.30 12.40
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 10.10 10.40
3 Months 10.20 10.50
6 Months 10.25 10.75
12 Months 10.50 11.00
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T-Bill Secondary Market Data
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3 Months, 6 Months &
12 Months Instruments
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Days to Maturity Yield Range %
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0-7 Days 10.25-10.75
8-15 Days 9.75-10.25
16-30 Days 9.60-9.70
31-60 Days 9.60-9.70
61-90 Days 9.65-9.75
91-120 Days 9.65-9.75
121-180 Days 9.70-9.80
181-270 Days 9.90-10.00
271-365 Days 10.05-10.10
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Kerb Market FX Rate
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Currency Bid Offer
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USD 63.80 63.90
EUR 100.50 100.70
GBP 125.65 125.85
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