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Print Print 2011-02-04

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 03, 2011).
Published February 4, 2011

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 03, 2011).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.50% - 11.75%. In Repo, major deals were done in the range of 11.10% - 11.40%. Money Market closed at the level of 11.05% - 11.10%. SBP announced 7 days OMO and mopped up Pkr 2 bln @ 12.30% against the total participation of Pkr 23 bln. For Friday it is expected that money market would trade within the levels of 12.00% - 12.75%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.05 11.75 11.10 11.90 11.45
1-Week 11.50 12.40 12.35 12.45 12.18
2-Week 11.60 12.75 12.65 12.80 12.45
1-Month 11.85 12.80 12.75 12.90 12.58
2-Months 12.40 13.15 13.15 13.25 12.99
3-Months 12.90 13.25 13.20 13.30 13.16
4-Months 13.00 13.30 13.25 13.35 13.23
5-Months 13.20 13.45 13.40 13.50 13.39
6-Months 13.35 13.50 13.45 13.55 13.46
9-Months 13.40 13.60 13.50 13.65 13.54
1-Year 13.45 13.60 13.55 13.65 13.56
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.05 11.75 11.10 11.90 11.45
1-Week 12.00 12.50 12.50 12.60 12.40
2-Week 12.25 12.80 12.70 12.90 12.66
1-Month 12.40 12.95 12.90 13.00 12.81
2-Months 12.75 13.30 13.25 13.35 13.16
3-Months 13.00 13.40 13.30 13.50 13.30
4-Months 13.10 13.65 13.45 13.75 13.49
5-Months 13.20 13.70 13.50 13.75 13.54
6-Months 13.30 13.75 13.65 13.90 13.65
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 14.15 14.20
3.1-3.5 Years 14.16 14.21
3.6-4.0 Years 14.18 14.22
4.1-4.5 Years 14.18 14.22
4.6-5.0 Years 14.20 14.23
5.1-5.5 Years 14.20 14.23
5.6-6.0 Years 14.21 14.24
6.1-6.5 Years 14.22 14.25
6.6-7.0 Years 14.22 14.25
7.1-7.5 Years 14.23 14.25
7.6-8.0 Years 14.23 14.25
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 13.00 13.25
3 Months 13.50 13.75
6 Months 13.75 14.00
12 Months 13.90 14.20
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.30 12.40
8-15 Days 12.50 12.60
16-30 Days 12.70 12.80
31-60 Days 13.05 13.12
61-90 Days 13.19 13.23
91-120 Days 13.42 13.50
121-180 Days 13.52 13.58
181-270 Days 13.58 13.64
271-365 Days 13.65 13.70
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.50 86.00
EUR 116.98 116.65
GBP 137.38 139.16
================================

Copyright Business Recorder, 2011

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