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Print Print 2009-10-21

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 20, 2009).
Published October 21, 2009

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 20, 2009).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.50%-12.75%. In Repo, major deals were done in the range of 12.60%-12.85%. Money Market closed at the level of 12.50%-12.75%. For Wednesday it is expected that money market would trade at the level of 12.50%-12.90%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.25 12.80 12.50 12.90 12.61
1-Week 12.20 12.45 12.40 12.50 12.39
2-Week 12.10 12.40 12.35 12.45 12.33
1-Month 12.10 12.40 12.35 12.45 12.33
2-Months 12.10 12.35 12.30 12.40 12.29
3-Months 12.10 12.30 12.30 12.40 12.28
4-Months 12.10 12.30 12.30 12.40 12.28
5-Months 12.10 12.30 12.30 12.40 12.28
6-Months 12.10 12.30 12.35 12.45 12.30
9-Months 12.10 12.40 12.35 12.50 12.34
1-Year 12.20 12.40 12.35 12.50 12.36
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.25 12.90 12.50 12.95 12.65
1-Week 12.25 12.50 12.40 12.55 12.43
2-Week 12.30 12.50 12.40 12.55 12.44
1-Month 12.30 12.45 12.45 12.55 12.44
2-Months 12.30 12.45 12.45 12.60 12.45
3-Months 12.30 12.50 12.45 12.60 12.46
4-Months 12.30 12.50 12.50 12.60 12.48
5-Months 12.35 12.55 12.50 12.65 12.51
6-Months 12.45 12.60 12.55 12.65 12.56
9-Months 12.45 12.60 12.55 12.70 12.58
1-Year 12.45 12.65 12.60 12.70 12.60
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 12.60 12.70
0.6-1.0 Years 12.60 12.70
1.1-1.5 Years 12.55 12.65
1.6-2.0 Years 12.50 12.60
2.1-2.5 Years 12.50 12.60
2.6-3.0 Years 12.50 12.60
3.1-3.5 Years 12.55 12.64
3.6-4.0 Years 12.55 12.64
4.1-4.5 Years 12.55 12.60
4.6-5.0 Years 12.55 12.60
5.1-5.5 Years 12.60 12.65
5.6-6.0 Years 12.60 12.65
6.1-6.5 Years 12.60 12.65
6.6-7.0 Years 12.65 12.70
7.1-7.5 Years 12.65 12.70
7.6-8.0 Years 12.70 12.75
8.1-8.5 Years 12.70 12.75
8.6-9.0 Years 12.68 12.73
9.1-9.5 Years 12.68 12.72
9.5-10.0 Years 12.68 12.72
15 Years 12.00 13.10
20 Years 13.20 13.40
30 Years 13.30 13.50
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.40 12.60
3 Months 12.50 12.90
6 Months 12.60 12.90
12 Months 12.65 12.90
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.25-12.30
8-15 Days 12.25-12.30
16-30 Days 12.30-12.35
31-60 Days 12.30-12.35
61-90 Days 12.35-12.40
91-120 Days 12.40-12.45
121-180 Days 12.50-12.52
181-270 Days 12.50-12.55
271-365 Days 12.55-12.57
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 83.00 83.50
EUR 121.00 123.00
GBP 130.20 133.10
================================

Copyright Business Recorder, 2009

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