Money Market Report

11 Mar, 2006

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 10, 2006).
Keeping in view today's interbank market we believe that on Saturday overnight repo rates would remain at the level of 8.25% - 8.75%.



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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 8.50 8.90 8.75 8.90 8.76
1-Week 8.10 8.50 8.25 8.60 8.36
2-Week 8.20 8.40 8.35 8.55 8.38
1-Month 8.15 8.35 8.25 8.45 8.30
2-Months 8.15 8.35 8.25 8.40 8.29
3-Months 8.20 8.35 8.25 8.50 8.33
4-Months 8.25 8.50 8.40 8.60 8.44
5-Months 8.35 8.55 8.45 8.70 8.51
6-Months 8.40 8.60 8.50 8.75 8.56
9-Months 8.40 8.70 8.60 8.75 8.61
1-Year 8.50 8.75 8.65 8.90 8.70
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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 8.75 9.25 8.90 9.35 9.06
1-Week 8.50 9.00 8.60 9.25 8.84
2-Week 8.75 9.00 8.75 9.25 8.94
1-Month 8.75 9.50 9.00 9.60 9.21
2-Months 8.75 9.65 9.15 9.75 9.33
3-Months 8.85 9.70 9.25 9.85 9.41
4-Months 8.90 9.75 9.25 9.80 9.43
5-Months 8.90 9.75 9.30 9.90 9.46
6-Months 9.25 9.90 9.50 10.25 9.73
9-Months 9.40 10.00 9.75 10.25 9.85
1-Year 9.50 10.00 9.75 10.25 9.88
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 8.45 8.60
0.6-1.0 Years 8.75 8.85
1.1-1.5 Years 8.90 9.05
1.6-2.0 Years 9.00 9.10
2.1-2.5 Years 9.05 9.15
2.6-3.0 Years 9.10 9.20
3.1-3.5 Years 9.15 9.25
3.6-4.0 Years 9.15 9.30
4.1-4.5 Years 9.15 9.25
4.6-5.0 Years 9.20 9.30
5.1-5.5 Years 9.25 9.30
5.6-6.0 Years 9.25 9.35
6.1-6.5 Years 9.25 9.40
6.6-7.0 Years 9.30 9.40
7.1-7.5 Years 9.30 9.45
7.6-8.0 Years 9.40 9.55
8.1-8.5 Years 9.35 9.50
8.6-9.0 Years 9.30 9.40
15 Years 10.50 10.75
20 Years 11.00 11.50
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FIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 8.10 8.30
0.6-1.0 Years 8.45 8.80
1.1-1.5 Years 9.00 9.20
1.6-2.0 Years 9.10 9.25
2.1-2.5 Years 9.15 9.25
2.6-3.0 Year 9.20 9.30
3.1-3.5 Years 9.25 9.35
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 9.25 9.75
3 Months 9.75 10.00
6 Months 10.00 10.50
12 Months 10.25 11.00
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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 8.35-8.70
8-15 Days 8.25-8.50
16-30 Days 8.00-8.15
31-60 Days 8.20-8.40
61-90 Days 8.30-8.40
91-120 Days 8.35-8.45
121-180 Days 8.40-8.60
181-270 Days 8.65-8.80
271-365 Days 8.78-8.84
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Kerb Market FX Rate
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Currency Bid Offer
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USD 60.05 60.10
EUR 71.40 71.70
GBP 104.10 104.50
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