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Print Print 2011-01-27

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 26, 2011).
Published January 27, 2011

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 26, 2011).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.75% - 13.00%. In Repo, major deals were done in the range of 12.50% - 13.00%. Money Market closed at the level of 12.40% - 12.50%.
For Thursday it is expected that money market would trade within the levels of 12.25% - 13.00%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.40 13.10 12.50 13.25 12.81
1-Week 11.60 12.85 12.85 12.90 12.55
2-Week 11.75 12.95 12.95 13.00 12.66
1-Month 11.90 13.05 12.95 13.10 12.75
2-Months 12.45 13.10 13.10 13.25 12.98
3-Months 12.90 13.25 13.20 13.40 13.19
4-Months 13.00 13.30 13.20 13.40 13.23
5-Months 13.10 13.35 13.25 13.50 13.30
6-Months 13.35 13.45 13.40 13.55 13.44
9-Months 13.40 13.60 13.60 13.75 13.59
1-Year 13.45 13.65 13.70 13.80 13.65
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.40 13.20 12.50 13.25 12.84
1-Week 12.25 13.00 12.85 13.10 12.80
2-Week 12.30 13.10 13.00 13.25 12.91
1-Month 12.40 13.20 12.90 13.30 12.95
2-Months 12.75 13.30 13.25 13.40 13.18
3-Months 12.90 13.40 13.25 13.50 13.26
4-Months 12.90 13.50 13.30 13.60 13.33
5-Months 13.00 13.50 13.40 13.75 13.41
6-Months 13.30 13.70 13.65 13.90 13.64
9-Months 13.30 13.75 13.70 13.90 13.66
1-Year 13.40 13.80 13.75 13.90 13.71
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 13.75 13.80
0.6-1.0 Years 13.90 14.00
1.1-1.5 Years 14.00 14.10
1.6-2.0 Years 14.10 14.15
2.1-2.5 Years 14.15 14.19
2.6-3.0 Years 14.20 14.23
3.1-3.5 Years 14.20 14.23
3.6-4.0 Years 14.22 14.24
4.1-4.5 Years 14.22 14.24
4.6-5.0 Years 14.22 14.24
5.1-5.5 Years 14.22 14.24
5.6-6.0 Years 14.23 14.25
6.1-6.5 Years 14.23 14.25
6.6-7.0 Years 14.24 14.26
7.1-7.5 Years 14.24 14.26
7.6-8.0 Years 14.24 14.26
8.1-8.5 Years 14.24 14.28
8.6-9.0 Years 14.24 14.28
9.1-9.5 Years 14.26 14.30
9.5-10.0 Years 14.26 14.30
15 Years 14.55 14.60
20 Years 14.70 14.75
30 Years 14.75 14.85
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.25 13.50
3 Months 13.75 14.00
6 Months 13.80 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 12.75 12.85
8-15 Days 12.85 12.90
16-30 Days 12.90 12.95
31-60 Days 13.00 13.04
61-90 Days 13.36 13.40
91-120 Days 13.40 13.45
121-180 Days 13.50 13.55
181-270 Days 13.65 13.70
271-365 Days 13.75 13.80
================================
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, 2011

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