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Markets Print 2018-09-01

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 31, 2018).
Published September 1, 2018

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 31, 2018).
DAILY MONEY MARKET COMMENTS: The interbank market initiated at 7.50%-7.60%. SBP conducted OMO for seven days and injected Rs.699bn @7.54 against the participation of Rs699. Major trading was witnessed within the range of 7.10%-7.40% and closed at the level of 7.00%-7.25.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.00 7.50 7.25 7.60 7.34
1-Week 7.50 7.55 7.60 7.65 7.58
2-Week 7.50 7.55 7.60 7.65 7.58
1-Month 7.55 7.60 7.70 7.75 7.65
2-Months 7.60 7.65 7.70 7.75 7.68
3-Months 7.65 7.70 7.75 7.80 7.73
4-Months 7.65 7.70 7.75 7.80 7.73
5-Months 7.65 7.70 7.85 7.90 7.78
6-Months 7.70 7.75 7.90 8.00 7.84
9-Months 7.75 7.85 8.15 8.25 8.00
1-Year 7.75 7.90 8.25 8.30 8.05
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.00 7.50 7.25 7.60 7.34
1-Week 7.50 7.55 7.60 7.65 7.58
2-Week 7.50 7.55 7.60 7.65 7.58
1-Month 7.55 7.60 7.70 7.75 7.65
2-Months 7.60 7.65 7.70 7.75 7.68
3-Months 7.65 7.70 7.75 7.80 7.73
4-Months 7.65 7.70 7.75 7.80 7.73
5-Months 7.65 7.70 7.85 7.90 7.78
6-Months 7.70 7.75 7.90 8.00 7.84
9-Months 7.75 7.85 8.15 8.25 8.00
1-Year 7.75 7.90 8.25 8.30 8.05
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 7.55 7.80
0.6-1.0 Years 7.60 7.85
1.1-1.5 Years 8.00 8.30
1.6-2.0 Years 8.20 8.50
2.1-2.5 Years 8.45 8.65
2.6-3.0 Years 8.65 8.90
3.1-3.5 Years 8.80 9.00
3.6-4.0 Years 8.90 9.10
4.1-4.5 Years 9.00 9.15
4.6-5.0 Years 9.10 9.25
5.1-5.5 Years 9.20 9.30
5.6-6.0 Years 9.25 9.40
6.1-6.5 Years 9.30 9.45
6.6-7.0 Years 9.40 9.55
7.1-7.5 Years 9.50 9.60
7.6-8.0 Years 9.55 9.65
8.1-8.5 Years 9.60 9.70
8.6-9.0 Years 9.70 9.80
9.1-9.5 Years 9.75 9.90
9.5-10.0 Years 9.80 9.95
15 Years 10.80 11.00
20 Years 11.25 11.45
30 Years 11.65 11.95
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 8.00 8.20
3 Months 8.10 8.30
6 Months 8.25 8.50
12 Months 8.50 8.80
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
Days to Maturity Yield Range %
================================
0-7 Days 7.45 7.55
8-15 Days 7.50 7.57
16-30 Days 7.55 7.63
31-60 Days 7.64 7.69
61-90 Days 7.71 7.75
91-120 Days 7.75 7.85
121-180 Days 7.80 7.95
181-270 Days 7.85 8.05
271-365 Days 7.90 8.15
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 123.75 124.50
EUR 142.00 148.00
GBP 158.00 164.00
JPY 1.09 1.18
================================

Copyright Business Recorder, 2018

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