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Print Print 2013-11-29

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 28, 2013).
Published November 29, 2013

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 28, 2013).
DAILY MONEY MARKET COMMENTS: The interbank market initiated at the top level of 9.90%.Market remained unchanged throughout the day and major trading and closing was also witnessed at the top level of 9.90%. We are expecting heavy discounting from SBP at the day end.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.90 9.95 9.90 10.00 9.94
1-Week 9.50 9.80 9.80 9.90 9.75
2-Week 9.50 9.75 9.75 9.85 9.71
1-Month 9.25 9.60 9.60 9.75 9.55
2-Months 9.25 9.60 9.60 9.75 9.55
3-Months 9.30 9.65 9.70 9.75 9.60
4-Months 9.30 9.70 9.70 9.75 9.61
5-Months 9.35 9.75 9.70 9.85 9.66
6-Months 9.40 9.75 9.75 9.90 9.70
9-Months 9.45 9.80 9.80 9.90 9.74
1-Year 9.50 9.85 8.85 9.95 9.54
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 9.90 10.00 10.00 10.00 9.98
1-Week 9.60 9.90 9.85 10.00 9.84
2-Week 9.60 9.90 9.90 10.00 9.85
1-Month 9.50 9.85 9.80 9.95 9.78
2-Months 9.50 9.85 9.85 9.95 9.79
3-Months 9.50 9.90 9.90 10.00 9.83
4-Months 9.60 9.90 9.90 10.00 9.85
5-Months 9.60 9.90 9.90 10.00 9.85
6-Months 9.60 9.95 9.90 10.10 9.89
9-Months 9.60 9.95 9.95 10.10 9.90
1-Year 9.70 10.00 9.95 10.20 9.96
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 10.00 10.10
0.6-1.0 Years 10.30 10.35
1.1-1.5 Years 11.10 11.15
1.6-2.0 Years 11.15 11.20
2.1-2.5 Years 12.00 12.05
2.6-3.0 Years 12.10 12.15
3.1-3.5 Years 12.25 12.30
3.6-4.0 Years 12.30 12.35
4.1-4.5 Years 12.55 12.60
4.6-5.0 Years 12.60 12.65
5.1-5.5 Years 12.65 12.70
5.6-6.0 Years 12.75 12.80
6.1-6.5 Years 12.80 12.85
6.6-7.0 Years 12.85 12.90
7.1-7.5 Years 12.90 12.95
7.6-8.0 Years 12.95 13.00
8.1-8.5 Years 13.00 13.05
8.6-9.0 Years 13.05 13.10
9.1-9.5 Years 13.05 13.10
9.5-10.0 Years 13.05 13.10
15 Years 13.20 13.25
20 Years 13.35 13.40
30 Years 13.50 13.60
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 9.60 9.70
3 Months 9.80 10.00
6 Months 10.00 10.25
12 Months 10.25 10.50
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 9.85 9.90
8-15 Days 9.80 9.85
16-30 Days 9.70 9.80
31-60 Days 9.60 9.70
61-90 Days 9.84 9.86
91-120 Days 9.85 9.90
121-180 Days 9.85 9.90
181-270 Days 9.90 9.95
271-365 Days 9.95 10.00
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 110.00 110.25
EUR 147.10 147.35
GBP 176.80 177.00
JPY 1.08 1.10
================================

Copyright Business Recorder, 2013

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