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Markets Print 2018-10-27

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 26, 2018).
Published October 27, 2018

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 26, 2018).
DAILY MONEY MARKET COMMENTS: The interbank market initiated at 8.30%-8.40%. Sbp conducted OMO for seven days and three days and mopped up Rs. 306bn @8.45 and Rs.55bn @ 8.45 respectivily. Major trading was witnessed within the range of 8.00%-8.25% and closed at the level of 7.75%-7.90%.



=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.75 8.40 7.75 8.50 8.10
1-Week 8.40 8.45 8.50 8.55 8.48
2-Week 8.50 8.55 8.60 8.65 8.58
1-Month 8.55 8.60 8.70 8.75 8.65
2-Months 8.60 8.65 8.70 8.75 8.68
3-Months 8.65 8.70 8.75 8.80 8.73
4-Months 8.65 8.70 8.75 8.80 8.73
5-Months 8.65 8.70 8.85 8.90 8.78
6-Months 8.70 8.75 8.90 9.00 8.84
9-Months 8.75 8.85 9.15 9.25 9.00
1-Year 8.75 8.90 9.25 9.30 9.05
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.75 8.40 7.75 8.50 8.10
1-Week 8.40 8.45 8.50 8.55 8.48
2-Week 8.50 8.55 8.60 8.65 8.58
1-Month 8.55 8.60 8.70 8.75 8.65
2-Months 8.60 8.65 8.70 8.75 8.68
3-Months 8.65 8.70 8.75 8.80 8.73
4-Months 8.65 8.70 8.75 8.80 8.73
5-Months 8.65 8.70 8.85 8.90 8.78
6-Months 8.70 8.75 8.90 9.00 8.84
9-Months 8.75 8.85 9.15 9.25 9.00
1-Year 8.75 8.90 9.25 9.30 9.05
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 8.85 9.10
0.6-1.0 Years 9.20 9.60
1.1-1.5 Years 9.80 10.10
1.6-2.0 Years 10.05 10.35
2.1-2.5 Years 10.25 10.50
2.6-3.0 Years 10.40 10.75
3.1-3.5 Years 10.60 10.90
3.6-4.0 Years 10.90 11.35
4.1-4.5 Years 11.20 11.30
4.6-5.0 Years 11.30 11.45
5.1-5.5 Years 11.40 11.50
5.6-6.0 Years 11.45 11.60
6.1-6.5 Years 11.50 11.70
6.6-7.0 Years 11.60 11.80
7.1-7.5 Years 11.65 11.75
7.6-8.0 Years 11.70 11.90
8.1-8.5 Years 11.75 11.85
8.6-9.0 Years 11.80 11.95
9.1-9.5 Years 11.85 12.00
9.5-10.0 Years 11.90 12.05
15 Years 12.00 12.25
20 Years 12.25 12.45
30 Years 12.40 12.70
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 8.90 9.25
3 Months 9.00 9.30
6 Months 9.10 9.50
12 Months 9.25 9.75
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
Days to Maturity Yield Range %
================================
0-7 Days 8.30 8.45
8-15 Days 8.35 8.45
16-30 Days 8.40 8.50
31-60 Days 8.58 8.70
61-90 Days 8.65 8.77
91-120 Days 8.75 8.90
121-180 Days 9.00 9.30
181-270 Days 9.15 9.40
271-365 Days 9.30 9.75
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 131.45 132.35
EUR 148.00 150.00
GBP 168.50 170.50
JPY 1.17 1.20
================================

Copyright Business Recorder, 2018

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