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Print Print 2011-07-08

Money Market Report

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

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (July 07, 2011).
DAILY MONEY MARKET COMMENTS: Money Market witnessed the top level of 13.90% since money market trading inception with rates maintaining their top level throughout the day till market closing.
For Friday it is expected that money market would trade within the levels of 12.75% - 13.50%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 13.90 13.90 13.90 13.90 13.90
1-Week 12.75 13.40 13.35 13.45 13.24
2-Week 12.90 13.35 13.30 13.40 13.24
1-Month 13.00 13.35 13.30 13.40 13.26
2-Months 13.00 13.35 13.30 13.40 13.26
3-Months 13.10 13.35 13.35 13.45 13.31
4-Months 13.10 13.40 13.35 13.45 13.33
5-Months 13.15 13.40 13.40 13.50 13.36
6-Months 13.25 13.50 13.50 13.60 13.46
9-Months 13.30 13.60 13.60 13.70 13.55
1-Year 13.40 13.65 13.65 13.75 13.61
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 13.90 13.90 13.90 13.95 13.91
1-Week 13.00 13.45 13.40 13.50 13.34
2-Week 13.10 13.40 13.35 13.45 13.33
1-Month 13.15 13.40 13.35 13.45 13.34
2-Months 13.15 13.45 13.40 13.50 13.38
3-Months 13.15 13.50 13.45 13.60 13.43
4-Months 13.20 13.50 13.50 13.65 13.46
5-Months 13.25 13.55 13.50 13.65 13.49
6-Months 13.30 13.60 13.50 13.65 13.51
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 13.75 13.80
0.6-1.0 Years 13.80 13.85
1.1-1.5 Years 13.92 13.94
1.6-2.0 Years 13.95 13.97
2.1-2.5 Years 13.96 13.98
2.6-3.0 Years 13.96 13.99
3.1-3.5 Years 13.98 14.00
3.6-4.0 Years 14.00 14.03
4.1-4.5 Years 14.02 14.04
4.6-5.0 Years 14.02 14.05
5.1-5.5 Years 14.03 14.06
5.6-6.0 Years 14.04 14.07
6.1-6.5 Years 14.05 14.08
6.6-7.0 Years 14.05 14.08
7.1-7.5 Years 14.05 14.08
7.6-8.0 Years 14.06 14.08
8.1-8.5 Years 14.06 14.09
8.6-9.0 Years 14.06 14.09
9.1-9.5 Years 14.06 14.09
9.5-10.0 Years 14.06 14.09
15 Years 14.20 14.25
20 Years 14.25 14.30
30 Years 14.30 14.35
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.50 13.70
3 Months 13.50 13.75
6 Months 13.75 14.00
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 13.25 13.35
8-15 Days 13.28 13.32
16-30 Days 13.30 13.34
31-60 Days 13.32 13.36
61-90 Days 13.38 13.42
91-120 Days 13.48 13.52
121-180 Days 13.62 13.66
181-270 Days 13.72 13.77
271-365 Days 13.84 13.87
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.80 86.10
EUR 122.51 124.02
GBP 136.61 139.64
================================

Copyright Business Recorder, 2011

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