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Print Print 2013-03-01

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 28, 2013).
Published March 1, 2013

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 28, 2013).
DAILY MONEY MARKET COMMENTS: The interbank market initiated at the top level of 9.40% and remained unchanged throughout the trading session. The market closed at the top level of 9.40% and we are expecting discounting from SBP at the day end.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.40 9.40 9.40 9.40 9.40
1-Week 9.00 9.20 9.20 9.25 9.16
2-Week 9.00 9.10 9.10 9.15 9.09
1-Month 8.90 9.10 9.05 9.15 9.05
2-Months 9.00 9.20 9.15 9.25 9.15
3-Months 9.00 9.20 9.15 9.25 9.15
4-Months 9.10 9.25 9.20 9.30 9.21
5-Months 9.10 9.25 9.20 9.30 9.21
6-Months 9.10 9.30 9.25 9.35 9.25
9-Months 9.10 9.30 9.25 9.35 9.25
1-Year 9.10 9.30 9.25 9.35 9.25
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.40 9.40 9.40 9.45 9.41
1-Week 9.10 9.35 9.35 9.45 9.31
2-Week 9.15 9.35 9.35 9.45 9.33
1-Month 9.15 9.30 9.30 9.35 9.28
2-Months 9.15 9.35 9.30 9.40 9.30
3-Months 9.15 9.35 9.30 9.40 9.30
4-Months 9.15 9.35 9.30 9.40 9.30
5-Months 9.15 9.40 9.35 9.45 9.34
6-Months 9.20 9.40 9.35 9.45 9.35
9-Months 9.20 9.45 9.40 9.50 9.39
1-Year 9.25 9.50 9.40 9.60 9.44
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 9.50 9.55
0.6-1.0 Years 9.90 10.00
1.1-1.5 Years 10.25 10.30
1.6-2.0 Years 11.00 11.10
2.1-2.5 Years 11.25 11.30
2.6-3.0 Years 11.32 11.35
3.1-3.5 Years 11.40 11.45
3.6-4.0 Years 11.42 11.46
4.1-4.5 Years 11.45 11.50
4.6-5.0 Years 11.45 11.50
5.1-5.5 Years 11.70 11.75
5.6-6.0 Years 11.80 11.85
6.1-6.5 Years 11.85 11.90
6.6-7.0 Years 11.95 12.00
7.1-7.5 Years 12.10 12.15
7.6-8.0 Years 12.20 12.25
8.1-8.5 Years 12.20 12.25
8.6-9.0 Years 12.20 12.25
9.1-9.5 Years 12.15 12.20
9.5-10.0 Years 12.15 12.20
15 Years 12.25 12.30
20 Years 12.30 12.35
30 Years 12.35 12.40
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 9.30 9.40
3 Months 9.40 9.50
6 Months 9.50 9.75
12 Months 9.50 9.80
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 9.20 9.25
8-15 Days 9.15 9.20
16-30 Days 9.10 9.15
31-60 Days 9.20 9.24
61-90 Days 9.22 9.24
91-120 Days 9.30 9.35
121-180 Days 9.42 9.46
181-270 Days 9.45 9.50
271-365 Days 9.46 9.50
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 99.00 99.25
EUR 130.75 131.00
GBP 151.00 151.25
JPY 1.06 1.09
================================

Copyright Business Recorder, 2013

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