Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 05, 2007).
In Call and Clean major trades were seen between the level of 10.00% - 10.20%. Money market closed at the top level of 9.90% with SBP reported a discounting of Rs 20.046 bln. For Sayturday it is expected that money market would remain within the range of 9.50% - 9.90%.
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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 9.90 9.90 9.90 9.95 9.91
1-Week 9.50 9.60 9.60 9.70 9.60
2-Week 9.35 9.45 9.45 9.55 9.45
1-Month 9.30 9.40 9.35 9.45 9.38
2-Months 9.25 9.35 9.35 9.45 9.35
3-Months 9.25 9.40 9.30 9.45 9.35
4-Months 9.25 9.40 9.35 9.45 9.36
5-Months 9.25 9.40 9.30 9.45 9.35
6-Months 9.20 9.40 9.30 9.50 9.35
9-Months 9.25 9.40 9.35 9.50 9.38
1-Year 9.30 9.50 9.40 9.60 9.45
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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 9.95 10.00 10.00 10.10 10.01
1-Week 9.50 9.75 9.60 9.80 9.66
2-Week 9.40 9.60 9.50 9.70 9.55
1-Month 9.35 9.50 9.45 9.70 9.50
2-Months 9.35 9.60 9.50 9.70 9.54
3-Months 9.35 9.60 9.50 9.75 9.55
4-Months 9.40 9.70 9.50 9.80 9.60
5-Months 9.45 9.90 9.60 10.00 9.74
6-Months 9.60 10.00 9.75 10.10 9.86
9-Months 9.75 10.10 10.00 10.25 10.03
1-Year 9.90 10.25 10.10 10.40 10.16
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 9.40 9.50
0.6-1.0 Years 9.45 9.50
1.1-1.5 Years 9.50 9.60
1.6-2.0 Years 9.50 9.65
2.1-2.5 Years 9.55 9.65
2.6-3.0 Years 9.60 9.65
3.1-3.5 Years 9.60 9.70
3.6-4.0 Years 9.65 9.70
4.1-4.5 Years 9.70 9.75
4.6-5.0 Years 9.80 9.85
5.1-5.5 Years 9.85 9.90
5.6-6.0 Years 9.95 10.00
6.1-6.5 Years 10.00 10.05
6.6-7.0 Years 10.00 10.10
7.1-7.5 Years 10.10 10.20
7.6-8.0 Years 10.25 10.40
8.1-8.5 Years 10.25 10.35
8.6-9.0 Years 10.10 10.15
9.5-10.0 Years 10.16 10.19
15 Years 11.10 11.25
20 Years 11.30 11.40
30 Years 11.50 11.80
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FIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 9.40 9.50
0.6-1.0 Years 9.50 9.60
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 9.75 10.00
3 Months 9.60 9.90
6 Months 9.90 10.20
12 Months 10.25 10.50
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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 9.75-9.90
8-15 Days 9.40-9.60
16-30 Days 9.20-9.30
31-60 Days 9.15-9.30
61-90 Days 9.15-9.25
91-120 Days 9.15-9.25
121-180 Days 9.15-9.30
181-270 Days 9.35-9.40
271-365 Days 9.37-9.40
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Kerb Market FX Rate
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Currency Bid Offer
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USD 60.65 60.70
EUR 85.30 85.40
GBP 123.10 123.20
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