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Print Print 2012-08-16

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 15, 2012).
Published August 16, 2012

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 15, 2012).
DAILY MONEY MARKET COMMENTS: The interbank market initiated at the top level of 11.40%. SBP injected Rs [email protected]% for 2 days and Rs [email protected]% for 9 days against the participation of same amount. After the OMO result the market lost momentum and major trades were witnessed at the level of 9.00%. The market eventually closed within the trading range of 7.60% - 7.75%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.60 10.40 7.75 10.40 9.04
1-Week 9.75 10.40 10.00 10.45 10.15
2-Week 10.10 10.35 10.30 10.40 10.29
1-Month 10.25 10.30 10.35 10.40 10.33
2-Months 10.20 10.30 10.35 10.40 10.31
3-Months 10.20 10.30 10.35 10.40 10.31
4-Months 10.20 10.35 10.35 10.40 10.33
5-Months 10.20 10.35 10.35 10.40 10.33
6-Months 10.30 10.40 10.40 10.45 10.39
9-Months 10.35 10.40 10.40 10.45 10.40
1-Year 10.35 10.45 10.40 10.50 10.43
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.60 10.40 7.75 10.45 9.05
1-Week 10.00 10.40 10.25 10.50 10.29
2-Week 10.20 10.45 10.30 10.50 10.36
1-Month 10.40 10.40 10.40 10.50 10.43
2-Months 10.40 10.45 10.45 10.50 10.45
3-Months 10.40 10.45 10.45 10.50 10.45
4-Months 10.40 10.50 10.50 10.55 10.49
5-Months 10.40 10.50 10.50 10.55 10.49
6-Months 10.45 10.50 10.50 10.60 10.51
9-Months 10.45 10.50 10.50 10.60 10.51
1-Year 10.50 10.55 10.55 10.65 10.56
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 10.60 10.65
0.6-1.0 Years 10.60 10.65
1.1-1.5 Years 11.00 11.15
1.6-2.0 Years 11.15 11.25
2.1-2.5 Years 11.20 11.25
2.6-3.0 Years 11.25 11.30
3.1-3.5 Years 11.30 11.35
3.6-4.0 Years 11.35 11.40
4.1-4.5 Years 11.45 11.50
4.6-5.0 Years 11.60 11.65
5.1-5.5 Years 11.68 11.72
5.6-6.0 Years 11.80 11.85
6.1-6.5 Years 11.85 11.90
6.6-7.0 Years 11.88 11.92
7.1-7.5 Years 11.90 11.94
7.6-8.0 Years 11.95 11.98
8.1-8.5 Years 11.98 12.02
8.6-9.0 Years 12.00 12.05
9.1-9.5 Years 11.95 12.00
9.5-10.0 Years 11.95 12.00
15 Years 12.50 12.55
20 Years 12.60 12.65
30 Years 12.70 12.75
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 10.50 10.75
3 Months 10.75 11.00
6 Months 10.75 11.10
12 Months 11.00 11.25
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 10.40 10.50
8-15 Days 10.40 10.45
16-30 Days 10.45 10.50
31-60 Days 10.45 10.48
61-90 Days 10.42 10.46
91-120 Days 10.46 10.50
121-180 Days 10.46 10.50
181-270 Days 10.48 10.51
271-365 Days 10.50 10.52
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 94.5 94.85
EUR 116.00 117.00
GBP 147.00 148.00
JPY 1.19 1.21
================================

Copyright Business Recorder, 2012

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