Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 27, 2004).
PIB 10-year 11% coupon bond maturing 18-06-12 was quoted in the band of 6.34% - 6.37%.
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Repo Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 0.15 0.25 0.25 0.35 0.25
1-Week 1.00 1.25 1.50 1.75 1.38
2-Week 1.20 1.40 1.60 1.80 1.50
1-Month 1.30 1.40 1.50 1.60 1.45
2-Months 1.40 1.50 1.60 1.70 1.55
3-Months 1.45 1.55 1.55 1.65 1.55
4-Months 1.50 1.60 1.70 1.80 1.65
5-Months 1.60 1.70 1.80 1.90 1.75
6-Months 1.60 1.70 1.80 1.90 1.75
9-Months 1.90 2.10 2.30 2.50 2.20
1-Year 2.10 2.30 2.50 2.70 2.40
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Call Rates (Yield p a)
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Tenor Low Bid High Bid Low Offer High Offer Average
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Overnight 0.20 0.30 0.30 0.40 0.30
1-Week 1.25 1.50 1.75 2.00 1.63
2-Week 1.40 1.60 1.80 2.00 1.70
1-Month 1.40 1.50 1.60 1.70 1.55
2-Month 1.50 1.60 1.70 1.80 1.65
3-Month 1.60 1.70 1.80 1.90 1.75
4-Month 1.60 1.70 1.80 1.90 1.75
5-Month 1.70 1.80 1.90 2.00 1.85
6-Month 1.70 1.90 2.00 2.10 1.93
9-Month 2.20 2.40 2.60 2.80 2.50
1-Year 2.30 2.50 2.70 2.90 2.60
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PIB Secondary Market Date
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Maturity Yield Range
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0.1-0.5 Years 1.25 1.80
0.6-1.0 Years 1.75 2.10
1.1-1.5 Years 2.10 2.60
1.6-2.0 Years 2.60 3.10
2.1-2.5 Years 3.30 3.70
2.6-3.0 Years 3.70 3.80
3.1-3.5 Years 4.10 4.50
3.6-4.0 Years 4.40 4.70
4.1-4.5 Years 4.60 4.80
4.6-5.0 Years 4.70 4.80
6.6-7.0 Years 5.80 6.00
7.1-7.5 Years 5.95 6.10
7.6-8.0 Years 6.10 6.35
8.1-8.5 Years 6.30 6.34
8.6-9.0 Years 6.35 6.37
9.1-9.5 Years 6.38 6.41
9.6-10.0 Years 6.38 6.41
15 Years 7.30 7.50
20 Years 8.25 8.40
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FIB Secondary Market Date
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Maturity Yield Range
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0.1-0.5 Years 1.30 2.00
0.6-1.0 Years 1.70 2.10
1.1-1.5 Years 2.10 2.60
1.6-2.0 Years 2.60 3.10
2.1-2.5 Years 3.15 3.65
2.6-3.0 Years 3.40 3.80
3.1-3.5 Years 3.70 4.20
3.6-4.0 Years 3.80 4.30
4.1-4.5 Years 4.20 4.60
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Clean Deposit Market
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Tenor Range (% p a)
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01 Month 2.00 4.00
03 Months 2.00 4.00
06 Months 2.25 4.50
12 Months 2.50 5.00
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T-Bill Secondary Market Data
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3 Months, 6 Months &
12 Months Instruments
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Days to Maturity Yield Range %
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0-7 Days 2.00-3.00
8-15 Days 1.75-2.25
16-30 Days 1.30-1.60
31-60 Days 1.30-1.60
61-90 Days 1.40-1.70
91-120 Days 1.50-1.80
121-180 Days 1.65-1.75
181-270 Days 1.70-1.90
271-365 Days 1.75-2.00
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Kerb Market FX Rate
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Currency Bid Offer
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USD 57.73 57.78
EUR 70.40 70.80
GBP 105.30 105.80
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