Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 20, 2005).
Keeping in view of today's interbank market we believe that on Monday overnight repo rates will remain at 8.00% to 8.75%.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.00 8.90 7.25 8.90 8.01
1-Week 7.00 8.00 7.75 8.50 7.81
2-Week 7.25 7.50 7.60 7.75 7.53
1-Month 7.50 7.75 7.90 8.00 7.79
2-Months 7.65 7.80 7.90 8.00 7.84
3-Months 7.75 7.90 8.00 8.10 7.94
4-Months 7.85 8.00 8.10 8.20 8.04
5-Months 7.90 8.10 8.20 8.30 8.13
6-Months 8.00 8.15 8.25 8.50 8.23
9-Months 8.10 8.20 8.30 8.65 8.31
1-Year 8.25 8.50 8.75 8.90 8.60
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 7.50 8.90 7.75 8.90 8.26
1-Week 7.25 8.25 8.25 8.75 8.13
2-Week 7.75 8.25 8.50 8.75 8.31
1-Month 7.90 8.10 8.30 8.50 8.20
2-Months 8.20 8.40 8.60 8.80 8.50
3-Months 8.30 9.00 8.75 9.25 8.83
4-Months 8.35 9.00 8.80 9.30 8.86
5-Months 8.40 9.10 8.90 9.35 8.94
6-Months 8.50 9.20 9.25 9.50 9.11
9-Months 8.75 9.35 9.30 9.65 9.26
1-Year 9.00 9.50 9.65 9.90 9.51
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.60 8.65
0.6-1.0 Years 8.70 8.75
1.1-1.5 Years 8.80 8.95
1.6-2.0 Years 8.90 9.05
2.1-2.5 Years 8.90 9.00
2.6-3.0 Years 8.95 9.10
3.1-3.5 Years 9.00 9.10
3.6-4.0 Years 9.05 9.15
4.1-4.5 Years 9.05 9.15
4.6-5.0 Years 9.10 9.20
5.1-5.5 Years 9.20 9.25
5.6-6.0 Years 9.25 9.30
6.1-6.5 Years 9.30 9.40
6.6-7.0 Years 9.35 9.45
7.1-7.5 Years 9.35 9.45
7.6-8.0 Years 9.35 9.50
8.1-8.5 Years 9.35 9.50
8.6-9.0 Years 9.05 9.25
15 Years 10.75 11.50
20 Years 11.75 12.50
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 7.85 8.00
0.6-1.0 Years 8.50 8.65
1.1-1.5 Years 8.80 8.90
1.6-2.0 Years 9.00 9.15
2.1-2.5 Years 9.00 9.10
2.6-3.0 Years 9.05 9.20
3.1-3.5 Years 9.10 9.20
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 9.00 9.50
3 Months 9.25 9.50
6 Months 9.25 9.75
12 Months 9.75 10.25
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 7.75-8.00
8-15 Days 7.60-7.90
16-30 Days 7.50-7.85
31-60 Days 7.70-7.90
61-90 Days 7.80-7.95
91-120 Days 7.95-8.10
121-180 Days 8.15-8.30
181-270 Days 8.30-8.50
271-365 Days 8.70-8.80
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 60.15 60.25
EUR 72.70 73.00
GBP 107.40 107.80
=================================