Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 26, 2008).
For Thursday it is expected that money market would trade at the level of 8.50% - 9.00% if OMO is conducted by SBP.
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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 7.50 10.25 7.75 10.40 8.98
1-Week 9.25 9.65 9.50 9.75 9.54
2-Weeks 9.40 9.75 9.60 9.85 9.65
1-Month 9.50 9.70 9.60 9.80 9.65
2-Months 9.60 9.85 9.70 9.90 9.76
3-Months 9.65 9.90 9.85 10.00 9.85
4-Months 9.75 9.90 9.85 10.00 9.88
5-Months 9.75 9.90 9.85 10.00 9.88
6-Months 9.75 10.00 9.85 10.10 9.93
9-Months 9.75 10.00 9.90 10.20 9.96
1-Year 10.00 10.15 10.10 10.25 10.13
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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 7.75 10.25 8.00 10.50 9.13
1-Week 9.50 10.25 9.75 10.40 9.98
2-Weeks 9.75 10.25 10.00 10.40 10.10
1-Month 9.90 10.40 10.10 10.50 10.23
2-Months 9.90 10.40 10.25 10.60 10.29
3-Months 10.00 10.40 10.25 10.50 10.29
4-Months 10.00 10.50 10.25 10.75 10.38
5-Months 10.00 10.50 10.25 10.75 10.38
6-Months 10.15 10.60 10.40 10.75 10.48
9-Months 10.25 10.75 10.50 11.00 10.63
1-Year 10.25 10.75 10.50 11.00 10.63
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 9.75 9.90
0.6-1.0 Years 10.25 10.30
1.1-1.5 Years 10.25 10.35
1.6-2.0 Years 10.30 10.40
2.1-2.5 Years 10.35 10.45
2.6-3.0 Years 10.40 10.50
3.1-3.5 Years 10.40 10.50
3.6-4.0 Years 10.50 10.60
4.1-4.5 Years 10.50 10.60
4.6-5.0 Years 10.55 10.65
5.1-5.5 Years 10.60 10.70
5.6-6.0 Years 10.65 10.75
6.1-6.5 Years 10.75 10.85
6.6-7.0 Years 10.75 10.85
7.1-7.5 Years 10.85 10.95
7.6-8.0 Years 11.10 11.20
8.1-8.5 Years 11.15 11.25
8.6-9.0 Years 11.25 11.35
9.1-9.5 Years 11.35 11.45
9.5-10.0Years 11.40 11.50
15 Years 12.00 12.20
20 Years 12.25 12.35
30 Years 12.40 12.60
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 10.25 10.50
3 Months 10.10 10.40
6 Months 10.25 10.75
12 Months 10.50 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 100.25-10.75
8-15 Days 100.25-10.50
16-30 Days 9..80-9.90
31-60 Days 9..75-9.85
61-90 Days 9..75-9.85
91-120 Days 9..85-9.95
121-180 Days 9..90-10.00
181-270 Days 100.00-10.10
271-365 Days 100.10-10.13
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Kerb Market FX Rate
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Currency Bid Offer
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USD 63.05 63.15
EUR 98.80 99.00
GBP 125.60 125.80
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