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Print Print 2011-05-06

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 05, 2011).
Published May 6, 2011

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 05, 2011).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.75% - 12.00%. Major deals were done in the range of 11.75% - 12.50%. Money Market closed at the level of 11.50% - 12.00%.
For Friday it is expected that money market would trade within the levels of 11.75% - 12.50%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.25 12.75 11.40 13.00 12.10
1-Week 11.50 12.15 12.10 12.20 11.99
2-Week 11.60 12.30 12.30 12.40 12.15
1-Month 11.75 12.65 12.65 12.70 12.44
2-Months 12.40 12.90 12.85 13.00 12.79
3-Months 12.75 12.90 12.95 13.05 12.91
4-Months 12.85 13.00 13.00 13.20 13.01
5-Months 13.00 13.35 13.25 13.40 13.25
6-Months 13.20 13.35 13.30 13.40 13.31
9-Months 13.25 13.50 13.50 13.60 13.46
1-Year 13.40 13.60 13.50 13.65 13.54
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.25 12.75 11.50 13.00 12.13
1-Week 11.90 12.15 12.20 12.25 12.13
2-Week 12.20 12.40 12.40 12.55 12.39
1-Month 12.50 12.85 12.80 12.90 12.76
2-Months 12.90 13.10 13.10 13.25 13.09
3-Months 13.10 13.30 13.30 13.40 13.28
4-Months 13.25 13.40 13.30 13.50 13.36
5-Months 13.30 13.50 13.40 13.60 13.45
6-Months 13.35 13.55 13.50 13.65 13.51
9-Months 13.50 13.65 13.60 13.70 13.61
1-Year 13.50 13.75 13.60 13.85 13.68
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 13.50 13.60
0.6-1.0 Years 13.60 13.70
1.1-1.5 Years 13.80 13.85
1.6-2.0 Years 13.85 13.90
2.1-2.5 Years 13.90 13.95
2.6-3.0 Years 13.95 14.00
3.1-3.5 Years 13.96 14.00
3.6-4.0 Years 13.98 14.02
4.1-4.5 Years 14.00 14.05
4.6-5.0 Years 14.00 14.05
5.1-5.5 Years 14.02 14.07
5.6-6.0 Years 14.05 14.09
6.1-6.5 Years 14.07 14.10
6.6-7.0 Years 14.07 14.10
7.1-7.5 Years 14.07 14.11
7.6-8.0 Years 14.08 14.11
8.1-8.5 Years 14.08 14.11
8.6-9.0 Years 14.08 14.11
9.1-9.5 Years 14.09 14.12
9.5-10.0 Years 14.09 14.12
15 Years 14.45 14.50
20 Years 14.60 14.65
30 Years 14.80 14.90
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.25 13.50
3 Months 13.25 13.50
6 Months 13.60 13.90
12 Months 13.90 13.20
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 12.10 12.20
8-15 Days 12.20 12.30
16-30 Days 12.30 12.40
31-60 Days 12.80 12.85
61-90 Days 12.80 12.85
91-120 Days 13.10 13.25
121-180 Days 13.25 13.30
181-270 Days 13.50 13.60
271-365 Days 13.65 13.70
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 84.20 84.70
EUR 124.26 125.93
GBP 139.59 141.22
================================

Copyright Business Recorder, 2011

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