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Print Print 2014-02-22

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 21, 2014).
Published February 22, 2014

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 21, 2014).
DAILY MONEY MARKET COMMENTS: The interbank market initiated within the range of 8.50%-8.75%. SBP conducted OMO for 6 days and mopped up PRs [email protected]% against the total participation of PRs 73bn. Major trading was witnessed within the range of 7.25%-7.50% and closed at the level of 7.50%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 6.75 8.75 7.00 8.90 7.85
1-Week 8.25 8.75 8.40 9.00 8.60
2-Week 8.90 9.25 9.00 9.50 9.16
1-Month 9.40 9.60 9.60 9.75 9.59
2-Months 9.70 9.85 9.80 9.90 9.81
3-Months 9.75 9.85 9.85 9.90 9.84
4-Months 9.80 9.95 9.90 10.00 9.91
5-Months 9.85 9.95 9.90 10.00 9.93
6-Months 9.85 9.95 9.90 10.00 9.93
9-Months 9.90 9.95 9.95 10.00 9.95
1-Year 9.90 10.00 10.00 10.15 10.01
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 6.75 8.75 7.00 9.00 7.88
1-Week 8.40 8.75 8.50 8.90 8.64
2-Week 9.00 9.50 9.25 9.60 9.34
1-Month 9.70 9.80 9.80 9.90 9.80
2-Months 9.80 9.90 9.90 10.00 9.90
3-Months 9.85 9.90 9.90 10.00 9.91
4-Months 9.85 10.00 10.00 10.10 9.99
5-Months 9.90 10.00 10.00 10.10 10.00
6-Months 9.90 10.10 10.00 10.15 10.04
9-Months 9.95 10.25 10.20 10.30 10.18
1-Year 10.00 10.30 10.20 10.40 10.23
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 9.90 9.95
0.6-1.0 Years 9.95 10.00
1.1-1.5 Years 10.75 10.80
1.6-2.0 Years 11.10 11.15
2.1-2.5 Years 11.95 11.98
2.6-3.0 Years 11.98 12.02
3.1-3.5 Years 12.00 12.05
3.6-4.0 Years 12.25 12.30
4.1-4.5 Years 12.45 12.50
4.6-5.0 Years 12.48 12.52
5.1-5.5 Years 12.50 12.54
5.6-6.0 Years 12.55 12.60
6.1-6.5 Years 12.55 12.60
6.6-7.0 Years 12.60 12.65
7.1-7.5 Years 12.60 12.65
7.6-8.0 Years 12.65 12.70
8.1-8.5 Years 12.75 12.80
8.6-9.0 Years 12.80 12.84
9.1-9.5 Years 12.80 12.84
9.5--10.0 Years 12.80 12.84
15 Years 12.90 13.00
20 Years 13.00 13.10
30 Years 13.10 13.20
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 9.75 9.90
3 Months 9.90 10.10
6 Months 10.20 10.30
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 8.40 8.60
8-15 Days 9.00 9.10
16-30 Days 9.60 9.65
31-60 Days 9.75 9.80
61-90 Days 9.81 9.84
91-120 Days 9.85 9.90
121-180 Days 9.90 9.94
181-270 Days 9.92 9.96
271-365 Days 9.93 9.98
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 105.70 105.95
EUR 145.00 145.25
GBP 176.00 176.25
JPY 1.02 1.07
================================

Copyright Business Recorder, 2014

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