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Print Print 2010-12-29

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (December 28, 2010).
Published December 29, 2010

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (December 28, 2010).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 13.25% - 13.75%. In Repo, major deals were done in the range of 12.75% - 13.25%. Money Market closed at the level of 13.50% - 13.75%. SBP conducted OMO and injected Rs 28 [email protected]% against the total participation of Rs 38 billion.
For Wednesday it is expected that money market would trade at the level of 13.00% - 13.50%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.40 13.75 12.50 13.90 13.14
1-Week 11.60 12.95 12.90 13.00 12.61
2-Week 11.65 12.95 12.90 13.00 12.63
1-Month 11.90 12.90 12.90 13.00 12.68
2-Months 12.25 13.00 12.80 13.10 12.79
3-Months 12.60 13.15 13.10 13.25 13.03
4-Months 12.70 13.15 13.10 13.25 13.05
5-Months 12.75 13.20 13.20 13.35 13.13
6-Months 13.05 13.30 13.25 13.40 13.25
9-Months 13.10 13.40 13.30 13.60 13.35
1-Year 13.25 13.50 13.40 13.60 13.44
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.40 13.75 12.50 13.90 13.14
1-Week 12.50 13.10 13.00 13.25 12.96
2-Week 12.25 13.20 13.10 13.30 12.96
1-Month 12.50 13.25 13.10 13.40 13.06
2-Months 12.75 13.40 13.20 13.50 13.21
3-Months 12.80 13.50 13.25 13.75 13.33
4-Months 12.90 13.50 13.30 13.75 13.36
5-Months 13.00 13.50 13.40 13.75 13.41
6-Months 13.10 13.60 13.40 13.90 13.50
9-Months 13.25 13.60 13.50 13.90 13.56
1-Year 13.25 13.75 13.60 14.00 13.65
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 13.65 13.70
0.6-1.0 Years 13.75 13.85
1.1-1.5 Years 13.90 13.95
1.6-2.0 Years 13.95 14.00
2.1-2.5 Years 14.10 14.15
2.6-3.0 Year 14.12 14.16
3.1-3.5 Years 14.12 14.16
3.6-4.0 Year 14.14 14.17
4.1-4.5 Year 14.14 14.17
4.6-5.0 Years 14.15 14.18
5.1-5.5 Years 14.15 14.18
5.6-6.0 Years 14.16 14.20
6.1-6.5 Years 14.16 14.20
6.6-7.0 Years 14.20 14.24
7.1-7.5 Years 14.20 14.24
7.6-8.0 Years 14.20 14.24
8.1-8.5 Years 14.20 14.24
8.6-9.0 Years 14.22 14.25
9.1-9.5 Years 14.22 14.25
9.5-10.0 Years 14.23 14.26
15 Years 14.40 14.50
20 Years 14.50 14.60
30 Years 14.65 14.75
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.75 14.00
3 Months 13.75 13.90
6 Months 13.90 14.10
12 Months 14.00 14.25
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.90 13.00
8-15 Days 13.00 13.05
16-30 Days 13.00 13.07
31-60 Days 13.10 13.14
61-90 Days 13.15 13.17
91-120 Days 13.25 13.30
121-180 Days 13.34 13.36
181-270 Days 13.45 13.50
271-365 Days 13.60 13.65
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.60 86.10
EUR 112.00 113.37
GBP 132.30 133.56
================================

Copyright Business Recorder, 2010

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