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Print Print 2010-05-21

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 20, 2010).
Published May 21, 2010

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 20, 2010).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.25% - 12.40%. In Repo, market remianed fixed at the level of 12.40%. Money Market closed at the level of 12.40%.
For Friday it is expected that money market would trade at the level of 11.75% - 12.20%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.25 12.40 12.40 12.40 12.36
1-Week 11.05 11.85 11.75 11.90 11.64
2-Week 11.10 11.75 11.75 11.90 11.63
1-Month 11.15 11.85 11.80 11.95 11.69
2-Months 11.35 11.80 11.80 11.90 11.71
3-Months 11.60 11.85 11.85 11.95 11.81
4-Months 11.65 11.90 11.90 12.00 11.86
5-Months 11.80 11.90 11.95 12.00 11.91
6-Months 11.85 11.95 11.95 12.05 11.95
9-Months 11.95 12.10 12.10 12.15 12.08
1-Year 12.00 12.10 12.10 12.20 12.10
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.25 12.40 12.40 12.45 12.38
1-Week 11.40 11.90 11.80 12.00 11.78
2-Week 11.50 12.00 11.90 12.10 11.88
1-Month 11.70 12.00 11.90 12.10 11.93
2-Months 11.75 12.10 12.10 12.25 12.05
3-Months 12.00 12.15 12.10 12.25 12.13
4-Months 12.00 12.20 12.15 12.25 12.15
5-Months 12.00 12.25 12.15 12.30 12.18
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 Years 12.15 12.20
0.6-1.0 Years 12.20 12.25
1.1-1.5 Years 12.20 12.25
1.6-2.0 Years 12.25 12.30
2.1-2.5 Years 12.25 12.30
2.6-3.0 Years 12.25 12.30
3.1-3.5 Years 12.35 12.40
3.6-4.0 Years 12.35 12.40
4.1-4.5 Years 12.35 12.40
4.6-5.0 Years 12.40 12.45
5.1-5.5 Years 12.40 12.45
5.6-6.0 Years 12.45 12.48
6.1-6.5 Years 12.45 12.50
6.6-7.0 Years 12.45 12.50
7.1-7.5 Years 12.50 12.55
7.6-8.0 Years 12.50 12.55
8.1-8.5 Years 12.50 12.55
8.6-9.0 Years 12.52 12.54
9.1-9.5 Years 12.52 12.55
9.5-10.0 Years 12.53 12.56
15 Years 12.82 12.85
20 Years 13.00 13.10
30 Years 13.10 13.20
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.10 12.25
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 11.75 11.90
8-15 Days 11.75 11.85
16-30 Days 11.75 11.85
31-60 Days 11.80 11.85
61-90 Days 11.80 11.85
91-120 Days 11.95 12.00
121-180 Days 12.03 12.07
181-270 Days 12.17 12.19
271-365 Days 12.16 12.19
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 84.20 84.50
EUR 102.80 104.50
GBP 121.80 123.50
================================

Copyright Business Recorder, 2010

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