Money market report by Khadim Ali Shah Bukhari & Co on Saturday (May 27, 2006).
As for the following working day it is expected that overnight trades might stay similar to today's market with rates hovering within the band of 8.00%-8.50%.
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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 7.75 8.25 8.00 8.50 8.13
1-Week 8.25 8.60 8.40 8.75 8.50
2-Weeks 8.25 8.50 8.35 8.70 8.45
1-Month 8.50 8.75 8.65 8.75 8.66
2-Months 8.50 8.75 8.65 8.80 8.68
3-Months 8.55 8.75 8.65 8.80 8.69
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 8.80 8.85 8.76
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 8.00 8.50 8.25 8.75 8.38
1-Week 8.50 8.90 8.75 9.25 8.85
2-Weeks 8.60 9.00 8.90 9.25 8.94
1-Month 8.90 9.10 9.10 9.40 9.13
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 9.30 9.50 9.50 9.75 9.51
5-Months 9.35 9.60 9.50 9.80 9.56
6-Months 9.35 9.60 9.55 9.80 9.58
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 8.60 8.70
0.6-1.0 Years 8.80 8.90
1.1-1.5 Years 8.90 9.05
1.6-2.0 Years 9.20 9.30
2.1-2.5 Years 9.20 9.30
2.6-3.0 Years 9.31 9.35
3.1-3.5 Years 9.35 9.45
3.6-4.0 Years 9.45 9.50
4.1-4.5 Years 9.45 9.50
4.6-5.0 Years 9.55 9.60
5.1-5.5 Years 9.55 9.60
5.6-6.0 Years 9.55 9.65
6.1-6.5 Years 9.60 9.65
6.6-7.0 Years 9.65 9.70
7.1-7.5 Years 9.65 9.70
7.6-8.0 Years 9.70 9.75
8.1-8.5 Years 9.70 9.75
9.5-10.0 Years 9.75 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 8.60 8.70
0.6-1.0 Years 8.80 8.90
1.1-1.5 Years 8.90 9.05
1.6-2.0 Years 9.20 9.30
2.1-2.5 Years 9.20 9.30
2.6-3.0 Years 9.31 9.35
3.1-3.5 Years 9.35 9.45
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 9.50 9.75
3 Months 9.90 10.25
6 Months 10.50 11.25
12 Months 11.00 11.75
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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 8.75-9.25
8-15 Days 8.75-9.00
16-30 Days 8.60-8.80
31-60 Days 8.50-8.70
61-90 Days 8.65-8.75
91-120 Days 8.60-8.70
121-180 Days 8.65-8.75
181-270 Days 8.75-8.80
271-365 Days 8.78-8.80
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Kerb Market FX Rate
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Currency Bid Offer
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USD 60.50 60.55
EUR 77.00 77.30
GBP 112.80 113.20
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