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Print Print 2011-08-04

Money Market Report

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

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 03, 2011).
DAILY MONEY MARKET COMMENTS: Money Market initiated at 13.25% - 13.40%. Most of the deals were done in the range of 13.35% - 13.40%. Money Market closed in the range of 13.40% - 13.45%.
SBP announced OMO for 2 days and injected Rs 85 Bln @ 13.20% against the total participation of Rs 140 Bln.
For Thursday it is expected that money market would trade within the levels of 13.30% - 13.40%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 13.25 13.40 13.30 13.40 13.34
1-Week 12.90 13.20 13.20 13.25 13.14
2-Week 13.95 13.15 13.15 13.20 13.36
1-Month 12.85 13.10 13.15 13.20 13.08
2-Months 12.90 13.20 13.15 13.25 13.13
3-Months 12.95 13.20 13.20 13.25 13.15
4-Months 13.00 13.15 13.20 13.25 13.15
5-Months 13.00 13.20 13.20 13.30 13.18
6-Months 13.00 13.20 13.20 13.30 13.18
9-Months 13.10 13.25 13.25 13.35 13.24
1-Year 13.15 13.30 13.30 13.40 13.29
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 13.25 13.40 13.30 13.40 13.34
1-Week 13.00 13.20 13.20 13.30 13.18
2-Week 13.00 13.25 13.20 13.30 13.19
1-Month 13.00 13.20 13.20 13.25 13.16
2-Months 13.00 13.25 13.20 13.30 13.19
3-Months 13.05 13.25 13.20 13.30 13.20
4-Months 13.10 13.30 13.25 13.35 13.25
5-Months 13.10 13.30 13.30 13.35 13.26
6-Months 13.15 13.35 13.30 13.40 13.30
9-Months 13.15 13.35 13.35 13.40 13.31
1-Year 13.15 13.40 13.40 13.50 13.36
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 13.30 13.35
0.6-1.0 Years 13.30 13.35
1.1-1.5 Years 13.40 13.42
1.6-2.0 Years 13.40 13.43
2.1-2.5 Years 13.42 13.45
2.6-3.0 Years 13.42 13.45
3.1-3.5 Years 13.44 13.48
3.6-4.0 Years 13.45 13.48
4.1-4.5 Years 13.48 13.50
4 6-5 0 Years 13.48 13.51
5.1-5.5 Years 13.50 13.53
5.6-6.0 Years 13.50 13.53
6.1-6.5 Years 13.52 13.56
6.6-7.0 Years 13.52 13.56
7.1-7.5 Years 13.54 13.58
7.6-8.0 Years 13.54 13.58
8.1-8.5 Years 13.55 13.60
8.6-9.0 Years 13.56 13.60
9.1-9.5 Years 13.56 13.62
9.5-10.0 Years 13.56 13.62
15 Years 13.70 13.75
20 Years 13.85 13.90
30 Years 13.90 13.95
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 13.25 13.35
3 Months 13.25 13.40
6 Months 13.30 13.50
12 Months 13.50 13.75
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 13.10 13.15
8-15 Days 13.10 13.15
16-30 Days 13.12 13.16
31-60 Days 13.10 13.15
61-90 Days 13.10 13.15
91-120 Days 13.15 13.25
121-180 Days 13.22 13.26
181-270 Days 13.30 13.33
271-365 Days 13.32 13.35
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 85.85 86.15
EUR 120.85 122.63
GBP 137.78 139.76
================================

Copyright Business Recorder, 2011

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