Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 04, 2006).
Keeping in view today's interbank market we expect that on Friday the money market would remain at the top level of 8.90% - 8.95%.
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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 8.90 8.95 8.90 8.95 8.93
1-Week 8.90 8.95 8.95 8.95 8.94
2-Week 8.75 8.85 8.85 8.90 8.84
1-Month 8.75 8.85 8.85 8.90 8.84
2-Months 8.70 8.75 8.75 8.80 8.75
3-Months 8.70 8.80 8.80 8.85 8.79
4-Months 8.65 8.75 8.75 8.80 8.74
5-Months 8.65 8.75 8.75 8.80 8.74
6-Months 8.65 8.75 8.75 8.85 8.75
9-Months 8.70 8.80 8.80 8.90 8.80
1-Year 8.75 8.80 8.85 8.90 8.83
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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 9.00 9.25 9.35 9.50 9.28
1-Week 9.00 9.50 9.35 9.60 9.36
2-Week 9.00 9.50 9.35 9.60 9.36
1-Month 9.00 9.40 9.25 9.60 9.31
2-Months 9.00 9.50 9.25 9.60 9.34
3-Months 9.25 9.60 9.50 9.75 9.53
4-Months 9.25 9.50 9.40 9.75 9.48
5-Months 9.25 9.60 9.50 9.80 9.54
6-Months 9.25 9.60 9.55 9.80 9.55
9-Months 9.50 10.00 9.80 10.25 9.89
1-Year 9.60 10.00 9.80 10.25 9.91
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 8.40 8.50
0.6-1.0 Years 8.80 8.90
1.1-1.5 Years 8.90 9.05
1.6-2.0 Years 9.00 9.20
2.1-2.5 Years 9.05 9.25
2.6-3.0 Years 9.10 9.35
3.1-3.5 Years 9.15 9.40
3.6-4.0 Years 9.25 9.45
4.1-4.5 Years 9.30 9.45
4.6-5.0 Years 9.35 9.45
5.1-5.5 Years 9.45 9.50
5.6-6.0 Years 9.45 9.50
6.1-6.5 Years 9.45 9.50
6.6-7.0 Years 9.45 9.50
7.1-7.5 Years 9.45 9.50
7.6-8.0 Years 9.50 9.55
8.1-8.5 Years 9.50 9.60
9.5-10.0 Years 9.70 9.85
15 Years 10.75 11.00
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 8.40 8.50
0.6-1.0 Years 8.80 8.90
1.1-1.5 Years 8.90 9.05
1.6-2.0 Years 9.00 9.20
2.1-2.5 Years 9.05 9.25
2.6-3.0 Years 9.10 9.35
3.1-3.5 Years 9.15 9.40
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 9.35 9.75
3 Months 9.90 10.50
6 Months 10.50 11.00
12 Months 10.75 11.50
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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 9.00-9.50
8-15 Days 8.75-9.25
16-30 Days 8.70-8.90
31-60 Days 8.50-8.65
61-90 Days 8.50-8.65
91-120 Days 8.50-8.65
121-180 Days 8.50-8.70
181-270 Days 8.70-8.80
271-365 Days 8.77-8.85
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Kerb Market FX Rate
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Currency Bid Offer
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USD 60.15 60.25
EUR 75.50 75.90
GBP 110.00 110.50
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