Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 18, 2010).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.10% - 12.30%. In Repo, major deals were done in the range of 12.00% - 12.30%. Money Market closed at the level 11.75% - 12.00%.
For Thursday it is expected that money market would trade at the level of 12.00% - 12.50%.

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Repo Rates (Yield p a)

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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average

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Overnight    11.50     12.40      11.75        12.50        12.04

1-Week       11.50     12.25      12.25        12.45        12.11

2-Week       11.60     12.30      12.25        12.45        12.15

1-Month      11.70     12.35      12.35        12.45        12.21

2-Months     11.85     12.40      12.30        12.45        12.25

3-Months     12.05     12.40      12.35        12.50        12.33

4-Months     12.10     12.45      12.35        12.50        12.35

5-Months     12.10     12.45      12.40        12.60        12.39

6-Months     12.25     12.50      12.45        12.60        12.45

9-Months     12.25     12.50      12.45        12.60        12.45

1-Year       12.30     12.60      12.50        12.70        12.53

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Call Rates (Yield p a)

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Tenor      Low Bid   High Bid   Low Offer   High Offer    Average

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Overnight    11.50     12.40      11.75        12.50        12.04

1-Week       11.90     12.40      12.25        12.50        12.26

2-Week       11.90     12.45      12.25        12.50        12.28

1-Month      12.20     12.50      12.40        12.60        12.43

2-Months     12.25     12.80      12.50        12.90        12.61

3-Months     12.30     12.90      12.60        13.25        12.76

4-Months     12.30     12.90      12.60        13.25        12.76

5-Months     12.35     13.00      12.70        13.25        12.83

6-Months     12.40     13.10      12.75        13.30        12.89

9-Months     12.50     13.20      12.75        13.35        12.95

1-Year       12.60     13.25      12.80        13.40        13.01

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PIB Secondary Market Data

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Maturity         Yield     Range

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0.1-0.5 Years    12.85     12.90

0.6-1.0 Years    12.90     13.00

1.1-1.5 Years    13.20     13.25

1.6-2.0 Years    13.25     13.30

2.1-2.5 Years    13.25     13.30

2.6-3.0 Years    13.25     13.30

3.1-3.5 Years    13.30     13.35

3.6-4.0 Years    13.30     13.35

4.1-4.5 Years    13.30     13.35

4.6-5.0 Years    13.35     13.40

5.1-5.5 Years    13.35     13.40

5.6-6.0 Years    13.35     13.40

6.1-6.5 Years    13.40     13.45

6.6-7.0 Years    13.40     13.45

7.1-7.5 Years    13.40     13.45

7.6-8.0 Years    13.45     13.50

8.1-8.5 Years    13.45     13.50

8.6-9.0 Years    13.45     13.50

9.1-9.5 Years    13.50     13.55

9.5-10.0 Years   13.50     13.55

15 Years         13.70     13.75

20 Years         13.80     13.90

30 Years         13.90     14.10

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Clean Deposit Market

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Tenor            Range   (% p a)

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1 Month          12.75     12.90

3 Months         12.90     13.10

6 Months         13.25     13.50

12 Months        13.50     13.75

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T-Bill Secondary Market Data

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3 Months, 6 Months &

           12 Months Instruments

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Days to Maturity  Yield  Range %

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0-7 Days          12.15    12.25

8-15 Days         12.20    12.30

16-30 Days        12.25    12.30

31-60 Days        12.30    12.40

61-90 Days        12.38    12.42

91-120 Days       12.40    12.45

121-180 Days      12.45    12.60

181-270 Days      12.60    12.65

271-365 Days      12.65    12.75

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Kerb Market FX Rate

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Currency          Bid      Offer

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USD              85.65     85.90

EUR             109.50    110.50

GBP             134.00    135.00

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