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Print Print 2011-03-08

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 07, 2011).
Published March 8, 2011

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 07, 2011).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 13.00% - 13.25 %. In Repo, major deals were done in the range of 13.00% - 13.25%. Money Market closed at the level of 13.00% - 13.50%. SBP announced 4 Days OMO and Injected Pkr 11.50 bln @12.91% against the total participation of Pkr 21.00 bln.
For Tuesday it is expected that money market would trade within the levels of 12 75% 13 25%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 12.75 13.50 13.00 13.75 13.25
1-Week 12.25 12.85 12.80 12.90 12.70
2-Week 12.00 12.90 12.90 13.00 12.70
1-Month 12.40 12.95 12.90 13.00 12.81
2-Months 12.50 13.15 13.15 13.25 13.01
3-Months 12.50 13.20 13.20 13.30 13.05
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 12.80 13.50 13.10 13.75 13.29
1-Week 12.30 12.95 12.90 13.10 12.81
2-Week 12.40 13.00 13.00 13.15 12.89
1-Month 12.60 13.15 13.00 13.25 13.00
2-Months 12.90 13.40 13.30 13.50 13.28
3-Months 13.10 13.60 13.40 13.70 13.45
4-Months 13.25 13.65 13.45 13.75 13.53
5-Months 13.40 13.70 13.50 13.75 13.59
6-Months 13.50 13.75 13.70 13.90 13.71
9-Months 13.60 13.80 13.75 13.95 13.78
1-Year 13.50 13.90 13.80 14.00 13.80
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 13.75 13.80
0.6-1.0 Years 13.90 13.95
1.1-1.5 Years 13.95 14.00
1.6-2.0 Years 14.05 14.10
2.1-2.5 Years 14.10 14.15
2.6-3.0 Years 14.16 14.18
3.1-3.5 Years 14.18 14.20
3.6-4.0 Years 14.20 14.23
4.1-4.5 Years 14.20 14.23
4.6-5.0 Years 14.21 14.24
5.1-5.5 Years 14.21 14.24
5.6-6.0 Years 14.22 14.25
6.1-6.5 Years 14.22 14.25
6.6-7.0 Years 14.24 14.27
7.1-7.5 Years 14.24 14.27
7.6-8.0 Years 14.25 14.28
8.1-8.5 Years 14.25 14.28
8.6-9.0 Years 14.20 14.23
9.1-9.5 Years 14.18 14.22
9.5-10.0 Years 14.18 14.22
15 Years 14.50 14.55
20 Years 14.65 14.70
30 Years 14.75 14.80
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.40 13.60
3 Months 13.60 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 12.80 12.85
8-15 Days 12.85 12.90
16-30 Days 12.90 13.00
31-60 Days 13.05 13.10
61-90 Days 13.30 13.35
91-120 Days 13.45 13.50
121-180 Days 13.60 13.64
181-270 Days 13.62 13.68
271-365 Days 13.75 13.80
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.30 85.60
EUR 118.39 119.50
GBP 137.69 139.29
================================

Copyright Business Recorder, 2011

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