Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 19, 2006).
The overnight rates in call and clean were seen within the vicinity of 9.75%-10.00%. The market closed at the level of 6.00%-6.50%. As for Monday it is expected that money market would remain within the band of 8.00%-8.50%.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 6.00 9.00 6.50 9.25 7.69
1-Week 8.00 8.50 8.25 8.75 8.38
2-Weeks 8.25 8.50 8.60 8.75 8.53
1-Month 8.50 8.60 8.55 8.80 8.61
2-Months 8.50 8.65 8.75 8.90 8.70
3-Months 8.50 8.75 8.85 9.00 8.78
4-Months 8.55 8.85 8.75 9.00 8.79
5-Months 8.60 9.00 8.80 9.10 8.88
6-Months 8.70 9.00 8.90 9.25 8.96
9-Months 8.80 9.00 9.00 9.25 9.01
1-Year 8.85 9.25 9.10 9.40 9.15
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 6.50 10.00 7.00 10.25 8.44
1-Week 8.25 9.00 8.75 9.25 8.81
2-Weeks 8.75 9.25 9.00 9.50 9.13
1-Month 9.25 9.75 9.50 10.00 9.63
2-Months 9.60 9.80 9.90 10.25 9.89
3-Months 9.65 10.00 10.20 10.50 10.09
4-Months 9.70 10.00 10.25 10.50 10.11
5-Months 9.75 10.25 10.30 10.75 10.26
6-Months 9.75 10.25 10.35 10.75 10.28
9-Months 10.00 10.30 10.50 11.00 10.45
1-Year 10.20 10.50 11.00 11.25 10.74
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 8.85 8.90
0.6-1.0 Years 8.95 9.05
1.1-1.5 Years 9.10 9.25
1.6-2.0 Years 9.35 9.40
2.1-2.5 Years 9.25 9.35
2.6-3.0 Years 9.30 9.45
3.1-3.5 Years 9.45 9.60
3.6-4.0 Years 9.60 9.70
4.1-4.5 Years 9.65 9.75
4.6-5.0 Years 9.70 9.85
5.1-5.5 Years 9.75 9.85
5.6-6.0 Years 9.80 9.90
6.1-6.5 Years 9.85 10.00
6.6-7.0 Years 9.95 10.05
7.1-7.5 Years 10.00 10.10
7.6-8.0 Years 10.00 10.20
8.1-8.5 Years 10.10 10.25
9.5-10.0 Years 10.20 10.40
15 Years 11.00 11.25
20 Years 11.25 11.50
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
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 9.25 9.35
3.1-3.5 Years 9.20 9.40
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
1 Month 10.00 10.75
3 Months 10.50 11.00
6 Months 10.75 11.50
12 Months 11.00 12.00
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 9.00-9.30
8-15 Days 8.90-9.25
16-30 Days 8.65-8.85
31-60 Days 8.70-8.80
61-90 Days 8.70-8.80
91-120 Days 8.75-8.85
121-180 Days 8.80-8.95
181-270 Days 8.85-9.00
271-365 Days 8.95-9.05
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 60.40 60.45
EUR 77.10 77.20
GBP 113.20 113.30
=================================