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Print Print 2009-08-29

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 28, 2009).
Published August 29, 2009

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 28, 2009).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.25% -11.75%. In Repo, major deals were done in the range of 10.75% -11.25%. Money Market closed at the level of 10.10%-10.25%. For Saturday 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 10.10 11.50 10.25 11.75 10.90
1-Week 11.40 11.90 11.90 12.00 11.80
2-Week 11.60 11.90 12.00 12.10 11.90
1-Month 11.60 12.10 12.00 12.20 11.98
2-Months 11.60 12.10 12.10 12.25 12.01
3-Months 11.65 12.10 12.10 12.25 12.03
4-Months 11.70 12.15 12.15 12.25 12.06
5-Months 11.75 12.15 12.15 12.25 12.08
6-Months 11.80 12.20 12.20 12.30 12.13
9-Months 11.85 12.25 12.25 12.30 12.16
1-Year 11.90 12.25 12.25 12.35 12.19
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 10.25 11.50 10.50 11.75 11.00
1-Week 11.75 12.10 12.00 12.25 12.03
2-Week 11.90 12.25 12.20 12.30 12.16
1-Month 12.00 12.30 12.25 12.40 12.24
2-Months 12.10 12.35 12.30 12.40 12.29
3-Months 12.25 12.40 12.35 12.50 12.38
4-Months 12.25 12.40 12.40 12.50 12.39
5-Months 12.35 12.50 12.40 12.60 12.46
6-Months 12.40 12.60 12.50 12.70 12.55
9-Months 12.40 12.60 12.50 12.75 12.56
1-Year 12.45 12.65 12.60 12.75 12.61
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 12.35 12.45
0.6-1.0 Years 12.40 12.50
1.1-1.5 Years 12.40 12.50
1.6-2.0 Years 12.30 12.35
2.1-2.5 Years 12.25 12.35
2.6-3.0 Years 12.20 12.30
3.1-3.5 Years 12.20 12.30
3.6-4.0 Years 12.25 12.35
4.1-4.5 Years 12.25 12.35
4.6-5.0 Years 12.30 12.35
5.1-5.5 Years 12.30 12.35
5.6-6.0 Years 12.35 12.40
6.1-6.5 Years 12.40 12.45
6.6-7.0 Years 12.40 12.45
7.1-7.5 Years 12.40 12.45
7.6-8.0 Years 12.40 12.45
8.1-8.5 Years 12.35 12.40
8.6-9.0 Years 12.35 12.40
9.1-9.5 Years 12.35 12.40
9.5-10.0 Years 12.35 12.40
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 12.30 12.50
3 Months 12.25 12.50
6 Months 12.40 12.60
12 Months 12.50 12.75
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.00-12.20
8-15 Days 12.15-12.25
16-30 Days 12.20-12.30
31-60 Days 12.30-12.35
61-90 Days 12.30-12.35
91-120 Days 12.30-12.35
121-180 Days 13.34-13.36
181-270 Days 12.30-12.37
271-365 Days 12.32-12.37
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 82.90 83.10
EUR 117.30 119.00
GBP 134.00 135.50
================================

Copyright Business Recorder, 2009

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