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Print Print 2012-07-10

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (July 09, 2012).
Published July 10, 2012

Money market report by Khadim Ali Shah Bukhari & Co on Monday (July 09, 2012).
DAILY MONEY MARKET COMMENTS: The interbank market initiated at the top level of 11.90%. SBP conducted OMO and injected Rs 39.6 billion @ 11.61% for 4 days into the market against the total participation of Rs 41 billion. Major trading was witnessed within the range of 11.75%-11.90% after the OMO result, eventually closing at the highest level of 11.90%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.50 11.90 11.75 11.90 11.76
1-Week 11.60 11.75 11.75 11.85 11.74
2-Week 11.65 11.70 11.75 11.80 11.73
1-Month 11.65 11.75 11.75 11.85 11.75
2-Months 11.65 11.80 11.75 11.85 11.76
3-Months 11.70 11.80 11.80 11.85 11.79
4-Months 11.75 11.80 11.80 11.85 11.80
5-Months 11.75 11.85 11.85 11.90 11.84
6-Months 11.75 11.85 11.85 11.90 11.84
9-Months 11.80 11.90 11.85 11.95 11.88
1-Year 11.80 11.90 11.85 11.95 11.88
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 11.50 11.90 11.75 11.90 11.76
1-Week 11.65 11.85 11.75 11.90 11.79
2-Week 11.70 11.85 11.80 11.85 11.80
1-Month 11.70 11.85 11.85 11.90 11.83
2-Months 11.75 11.90 11.80 11.95 11.85
3-Months 11.75 11.90 11.85 11.95 11.86
4-Months 11.80 11.90 11.85 11.95 11.88
5-Months 11.80 11.90 11.90 11.95 11.89
6-Months 11.85 11.90 11.90 11.95 11.90
9-Months 11.85 12.00 11.90 12.10 11.96
1-Year 11.90 12.10 12.00 12.20 12.05
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 11.95 12.00
0.6-1.0 Years 11.98 12.02
1.1-1.5 Years 12.00 12.02
1.6-2.0 Years 12.25 12.30
2.1-2.5 Years 12.56 12.60
2.6-3.0 Years 12.65 12.70
3.1-3.5 Years 12.64 12.68
3.6-4.0 Years 12.95 12.98
4.1-4.5 Years 13.04 13.10
4.6-5.0 Years 13.05 13.10
5.1-5.5 Years 13.23 13.25
5.6-6.0 Years 12.23 13.26
6.1-6.5 Years 13.24 13.27
6.6-7.0 Years 13.25 13.28
7.1-7.5 Years 13.25 13.29
7.6-8.0 Years 13.26 13.29
8.1-8.5 Years 13.26 13.30
8.6-9.0 Years 13.27 13.30
9.1-9.5 Years 13.28 13.32
9.5-10.0 Years 13.28 13.32
15 Years 13.50 13.55
20 Years 13.55 13.60
30 Years 13.65 13.70
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 12.00 12.15
3 Months 12.25 12.40
6 Months 12.40 12.50
12 Months 12.50 12.70
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 11.70 11.75
8-15 Days 11.74 11.78
16-30 Days 11.76 11.80
31-60 Days 11.80 11.84
61-90 Days 11.82 11.85
91-120 Days 11.86 11.90
121-180 Days 11.88 11.91
181-270 Days 11.90 11.94
271-365 Days 11.92 11.95
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 93.8 94.6
EUR 116.00 117.00
GBP 146.50 148.00
JPY 1.16 1.19
================================

Copyright Business Recorder, 2012

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