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Print Print 2009-11-08

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (November 07, 2009).
Published November 8, 2009

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (November 07, 2009).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.25% - 12.40%. In Repo, major deals were done in the range of 12.50% - 12.90%. Money Market closed at the level of 12.85% - 12.90%. SBP announced 7 days OMO and injected PKR 85.00 billion @12.13% against total participation of PKR 85.00 billion. For Tuesday 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 12.20 12.75 12.50 12.90 12.59
1-Week 12.10 12.50 12.25 12.60 12.36
2-Week 12.10 12.30 12.25 12.40 12.26
1-Month 12.15 12.35 12.25 12.40 12.29
2-Months 12.10 12.35 12.30 12.40 12.29
3-Months 12.00 12.30 12.25 12.40 12.24
4-Months 12.00 12.30 12.25 12.40 12.24
5-Months 11.90 12.25 12.20 12.35 12.18
6-Months 11.90 12.25 12.20 12.30 12.16
9-Months 11.90 12.25 12.20 12.30 12.16
1-Year 11.90 12.20 12.20 12.30 12.15
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.25 12.80 12.30 12.90 12.56
1-Week 12.20 12.50 12.30 12.60 12.40
2-Week 12.25 12.40 12.30 12.50 12.36
1-Month 12.25 12.45 12.45 12.50 12.41
2-Months 12.30 12.60 12.45 12.75 12.53
3-Months 12.30 12.60 12.45 12.75 12.53
4-Months 12.35 12.65 12.50 12.75 12.56
5-Months 12.40 12.70 12.50 12.85 12.61
6-Months 12.45 12.70 12.50 12.85 12.63
9-Months 12.45 12.75 12.55 12.90 12.66
1-Year 12.45 12.80 12.75 13.00 12.75
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 12.45 12.50
0.6-1.0 Years 12.45 12.50
1.1-1.5 Years 12.45 12.50
1.6-2.0 Years 12.42 12.46
2.1-2.5 Years 12.40 12.45
2.6-3.0 Years 12.40 12.45
3.1-3.5 Years 12.42 12.48
3.6-4.0 Years 12.45 12.50
4.1-4.5 Years 12.45 12.50
4.6-5.0 Years 12.48 12.52
5.1-5.5 Years 12.50 12.55
5.6-6.0 Years 12.50 12.55
6.1-6.5 Years 12.55 12.60
6.6-7.0 Years 12.55 12.60
7.1-7.5 Years 12.55 12.60
7.6-8.0 Years 12.53 12.58
8.1-8.5 Years 12.52 12.55
8.6-9.0 Years 12.50 12.53
9.1-9.5 Years 12.48 12.52
9.5-10.0 Years 12.47 12.50
15 Years 12.85 12.88
20 Years 13.10 13.25
30 Years 13.25 13.35
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.60 12.75
3 Months 12.60 12.90
6 Months 12.65 12.95
12 Months 12.70 13.20
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.20-12.30
8-15 Days 12.25-12.30
16-30 Days 12.25-12.30
31-60 Days 12.20-12.35
61-90 Days 12.15-12.25
91-120 Days 12.25-12.35
121-180 Days 12.25-12.30
181-270 Days 12.20-12.30
271-365 Days 12.20-12.35
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 83.95 84.25
EUR 123.70 125.20
GBP 138.30 139.50
================================

Copyright Business Recorder, 2009

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