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Print Print 2009-08-23

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 22, 2009).
Published August 23, 2009

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 22, 2009).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.00%-12.25%. In Repo, major deals were done in the range of 12.10%-12.75%. Money Market closed at the level of 12.75%-12.90%. SBP announced 7 days OMO and injected up PKR 39.00 billion @12.11% against total participation of PKR 43.00 billion. For Tuesday it is expected that money market would trade at the level of 12.00%-12.50%



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.00 12.90 12.25 12.90 12.51
1-Week 11.50 12.15 12.10 12.25 12.00
2-Week 11.50 12.00 11.90 12.10 11.88
1-Month 11.50 12.15 12.00 12.25 11.98
2-Months 11.40 11.90 11.75 12.10 11.79
3-Months 11.45 11.90 11.80 12.20 11.84
4-Months 11.45 11.90 11.80 12.20 11.84
5-Months 11.45 11.85 11.85 12.10 11.81
6-Months 11.45 11.85 12.00 12.10 11.85
9-Months 11.50 12.00 12.00 12.15 11.91
1-Year 11.50 12.10 12.10 12.25 11.99
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.00 12.90 12.25 12.95 12.53
1-Week 11.75 12.25 12.00 12.40 12.10
2-Week 12.00 12.25 12.20 12.40 12.21
1-Month 11.90 12.20 12.10 12.40 12.15
2-Months 11.90 12.25 12.10 12.40 12.16
3-Months 12.00 12.30 12.10 12.50 12.23
4-Months 11.90 12.30 12.10 12.50 12.20
5-Months 12.00 12.40 12.20 12.50 12.28
6-Months 12.00 12.40 12.20 12.60 12.30
9-Months 12.10 12.45 12.25 12.60 12.35
1-Year 12.10 12.50 12.25 12.60 12.36
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 12.30 12.40
0.6-1.0 Years 12.30 12.40
1.1-1.5 Years 12.30 12.35
1.6-2.0 Years 12.20 12.30
2.1-2.5 Years 12.15 12.22
2.6-3.0 Years 12.18 12.24
3.1-3.5 Years 12.18 12.24
3.6-4.0 Years 12.20 12.25
4.1-4.5 Years 12.25 12.30
4.6-5.0 Years 12.25 12.30
5.1-5.5 Years 12.25 12.30
5.6-6.0 Years 12.25 12.30
6.1-6.5 Years 12.30 12.35
6.6-7.0 Years 12.30 12.35
7.1-7.5 Years 12.35 12.40
7.6-8.0 Years 12.35 12.40
8.1-8.5 Years 12.35 12.40
8.6-9.0 Years 12.40 12.45
9.1-9.5 Years 12.40 12.44
9.5-10.0 Years 12.38 12.42
15 Years 12.85 12.95
20 Years 13.20 13.30
30 Years 13.30 13.50
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.25 12.40
3 Months 12.25 12.40
6 Months 12.25 12.50
Months 12.30 12.60
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 11.80-12.10
8-15 Days 12.00-12.10
16-30 Days 12.10-12.20
31-60 Days 12.10-12.20
61-90 Days 12.05-12.15
91-120 Days 12.15-12.25
121-180 Days 12.25-12.30
181-270 Days 12.20-12.30
271-365 Days 12.25-12.30
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 82.80 83.00
EUR 117.30 119.00
GBP 134.00 135.50
================================

Copyright Business Recorder, 2009

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