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Print Print 2012-03-03

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 02, 2012).
Published March 3, 2012

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 02, 2012).
DAILY MONEY MARKET COMMENTS: The interbank market initiated within the range of 11.50%-11.75%. SBP conducted OMO for 7 Days and injected Rs [email protected]% against the total participation of Rs 285bn. Even after the OMO result most of the trades were executed within the range of 11.50-11.75%. The market closed at the level of 11.75%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.40 11.75 11.50 11.80 11.61
1-Week 11.55 11.65 11.65 11.70 11.64
2-Week 11.60 11.70 11.70 11.75 11.69
1-Month 11.65 11.70 11.75 11.80 11.73
2-Months 11.65 11.75 11.75 11.80 11.74
3-Months 11.65 11.75 11.80 11.85 11.76
4-Months 11.65 11.80 11.80 11.85 11.78
5-Months 11.70 11.80 11.80 11.85 11.79
6-Months 11.75 11.80 11.80 11.85 11.80
9-Months 11.75 11.85 11.85 11.90 11.84
1-Year 11.80 11.90 11.80 11.90 11.85
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.40 11.75 11.50 11.85 11.63
1-Week 11.55 11.70 11.70 11.80 11.69
2-Week 11.65 11.85 11.75 11.90 11.79
1-Month 11.70 11.85 11.80 11.90 11.81
2-Months 11.70 11.90 11.80 11.90 11.83
3-Months 11.75 11.90 11.85 11.95 11.86
4-Months 11.75 11.90 11.85 11.95 11.86
5-Months 11.75 11.90 11.85 11.95 11.86
6-Months 11.80 11.95 11.90 12.00 11.91
9-Months 11.85 11.95 11.90 12.00 11.93
1-Year 11.90 12.00 12.00 12.10 12.00
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 11.95 12.00
0.6-1.0 Years 12.10 12.15
1.1-1.5 Years 12.20 12.25
1.6-2.0 Years 12.25 12.30
2.1-2.5 Years 12.40 12.45
2.6-3.0 Years 12.45 12.50
3.1-3.5 Years 12.55 12.60
3.6-4.0 Years 12.75 12.80
4.1-4.5 Years 12.80 12.85
4.6-5.0 Years 12.85 12.90
5.1-5.5 Years 12.90 12.94
5.6-6.0 Years 12.92 12.96
6.1-6.5 Years 12.95 13.00
6.6-7.0 Years 12.98 13.02
7.1-7.5 Years 12.98 13.02
7.6-8.0 Years 13.00 13.05
8.1-8.5 Years 13.00 13.05
8.6-9.0 Years 13.01 13.06
9.1-9.5 Years 13.02 13.07
9.5-10.0 Years 13.02 13.07
15 Years 13.30 13.35
20 Years 13.35 13.40
30 Years 13.45 13.50
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 11.90 12.10
3 Months 12.25 12.40
6 Months 12.25 12.50
12 Months 12.30 12.50
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 11.50 11.55
8-15 Days 11.62 11.68
16-30 Days 11.62 11.68
31-60 Days 11.68 11.70
61-90 Days 11.70 11.74
91-120 Days 11.75 11.80
121-180 Days 11.82 11.85
181-270 Days 11.86 11.90
271-365 Days 11.88 11.91
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
GBP 142.4 143.5
USD 90.90 91.30
EUR 120.50 121.50
JPY 1.12 1.16
================================

Copyright Business Recorder, 2012

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