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Print Print 2011-04-26

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (April 25, 2011).
Published April 26, 2011

Money market report by Khadim Ali Shah Bukhari & Co on Monday (April 25, 2011).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.25% - 11.50%. Major deals were done in the range of 11.25% - 11.75%. Money Market closed at the level of 11.10% - 11.25%. SBP carried out OMO for four days and moppedup PKR [email protected]% against the total participation of PKR 28.5bln.
For Tuesday it is expected that money market would trade within the levels of 11.25% - 11.75%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.10 11.75 11.20 12.00 11.51
1-Week 11.50 12.40 12.40 12.50 12.20
2-Week 11.60 12.65 12.60 12.70 12.39
1-Month 11.90 12.85 12.85 12.95 12.64
2-Months 12.40 13.10 13.10 13.20 12.95
3-Months 12.90 13.20 13.20 13.25 13.14
4-Months 13.00 13.25 13.30 13.35 13.23
5-Months 13.20 13.35 13.35 13.40 13.33
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 11.10 11.75 11.25 12.00 11.53
1-Week 12.25 12.50 12.50 12.60 12.46
2-Week 12.40 12.75 12.75 12.85 12.69
1-Month 12.70 13.00 12.90 13.10 12.93
2-Months 13.00 13.20 13.20 13.30 13.18
3-Months 13.10 13.30 13.30 13.40 13.28
4-Months 13.25 13.50 13.40 13.60 13.44
5-Months 13.40 13.60 13.45 13.65 13.53
6-Months 13.45 13.65 13.55 13.75 13.60
9-Months 13.50 13.70 13.60 13.75 13.64
1-Year 13.50 13.75 13.60 13.90 13.69
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 13.70 13.75
0.6-1.0 Years 13.80 13.85
1.1-1.5 Years 13.90 13.95
1.6-2.0 Years 13.95 13.98
2.1-2.5 Years 13.95 13.98
2.6-3.0 Years 13.96 13.99
3.1-3.5 Years 13.97 14.00
3.6-4.0 Years 13.97 14.00
4.1-4.5 Years 13.98 14.01
4.6-5.0 Years 13.98 14.01
5.1-5.5 Years 14.00 14.04
5.6-6.0 Years 14.03 14.08
6.1-6.5 Years 14.05 14.09
6.6-7.0 Years 14.05 14.09
7.1-7.5 Years 14.06 14.09
7.6-8.0 Years 14.06 14.09
8.1-8.5 Years 14.07 14.10
8.6-9.0 Years 14.07 14.10
9.1-9.5 Years 14.08 14.11
9.5-10.0 Years 14.08 14.11
15 Years 14.40 14.50
20 Years 14.55 14.60
30 Years 14.70 14.75
================================
FIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years N/A N/A
0.6-1.0 Years N/A N/A
1.1-1.5 Years N/A N/A
1.6-2.0 Years N/A N/A
2.1-2.5 Years N/A N/A
2.6-3.0 Years N/A N/A
3.1-3.5 Years N/A N/A
3.6-4.0 Years N/A N/A
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.25 13.50
3 Months 13.60 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 12.45 12.55
8-15 Days 12.50 12.65
16-30 Days 12.80 12.90
31-60 Days 13.05 13.10
61-90 Days 13.10 13.14
91-120 Days 13.20 13.30
121-180 Days 13.48 13.52
181-270 Days 13.65 13.70
271-365 Days 13.80 13.83
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 84.30 84.80
EUR 120.79 122.23
GBP 137.17 138.73
================================

Copyright Business Recorder, 2011

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