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Print Print 2010-03-11

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 10, 2010).
Published March 11, 2010

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 10, 2010).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.25% -12.40%. In Repo, major deal were done in the range of 12.00%-12.30%. Money Market closed at the level of 12.00%-12.15%. SBP announced 3 days OMO and injected Rs 22.00 billion @12.04% against total participation of Rs 38.00 billion.
For Thursday it is expected that money market would trade at the level of 12.00% - 12.25%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.90 12.30 12.00 12.40 12.15
1-Week 11.45 12.10 12.10 12.20 11.96
2-Week 11.50 12.10 12.10 12.20 11.98
1-Month 11.55 12.05 12.10 12.15 11.96
2-Months 11.75 12.05 12.05 12.10 11.99
3-Months 11.80 12.05 12.05 12.10 12.00
4-Months 11.80 12.10 12.10 12.15 12.04
5-Months 11.85 12.10 12.10 12.20 12.06
6-Months 11.85 12.10 12.10 12.20 12.06
9-Months 11.85 12.10 12.10 12.20 12.06
1-Year 11.95 12.10 12.10 12.20 12.09
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.90 12.35 12.00 12.40 12.16
1-Week 11.70 12.20 12.15 12.25 12.08
2-Week 11.80 12.15 12.10 12.20 12.06
1-Month 11.90 12.15 12.10 12.20 12.09
2-Months 11.90 12.10 12.15 12.20 12.09
3-Months 11.90 12.20 12.15 12.25 12.13
4-Months 12.00 12.20 12.15 12.25 12.15
5-Months 12.00 12.25 12.10 12.30 12.16
6-Months 12.00 12.25 12.15 12.30 12.18
9-Months 12.10 12.25 12.20 12.30 12.21
1-Year 12.15 12.30 12.25 12.40 12.28
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Year 12.25 12.30
0.6-1.0 Year 12.35 12.40
1.1-1.5 Year 12.35 12.40
1.6-2.0 Year 12.35 12.40
2.1-2.5 Year 12.35 12.40
2.6-3.0 Year 12.40 12.45
3.1-3.5 Year 12.45 12.50
3.6-4.0 Year 12.45 12.50
4.1-4.5 Year 12.50 12.55
4.6-5.0 Year 12.50 12.55
5.1-5.5 Year 12.50 12.55
5.6-6.0 Year 12.55 12.60
6.1-6.5 Year 12.60 12.64
6.6-7.0 Year 12.60 12.64
7.1-7.5 Year 12.62 12.65
7.6-8.0 Year 12.62 12.65
8.1-8.5 Year 12.66 12.70
8.6-9.0 Year 12.68 12.70
9.1-9.5 Year 12.68 12.70
9.5--10.0 Years 12.65 12.68
15 Years 13.00 13.10
20 Years 13.10 13.20
30 Years 13.15 13.25
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.15 12.30
3 Months 12.30 12.45
6 Months 12.50 12.70
12 Months 12.60 12.75
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.10 12.15
8-15 Days 12.05 12.15
16-30 Days 12.10 12.15
31-60 Days 12.10 12.15
61-90 Days 12.12 12.16
91-120 Days 2.15 12.20
121-180 Days 12.15 12.20
181-270 Days 12.28 12.32
271-365 Days 12.30 12.34
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.95 86.20
EUR 117.30 118.50
GBP 135.00 136.30
================================

Copyright Business Recorder, 2010

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