Money Market Report

18 May, 2008

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (May 17, 2008).
For Monday it is expected that money market would trade at the level of 8.75% - 9.50%.



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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 8.50 9.50 9.00 10.00 9.25
1-Week 9.15 9.50 9.25 9.60 9.38
2-Weeks 9.20 9.50 9.35 9.60 9.41
1-Month 9.35 9.60 9.50 9.80 9.56
2-Months 9.60 9.90 9.80 10.00 9.83
3-Months 9.75 10.00 9.90 10.10 9.94
4-Months 9.75 10.00 9.90 10.15 9.95
5-Months 9.85 10.10 10.00 10.20 10.04
6-Months 9.85 10.10 10.00 10.20 10.04
9-Months 10.00 10.25 10.15 10.30 10.18
1-Year 10.00 10.25 10.20 10.40 10.21
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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 11.50 9.25 12.00 10.44
1-Week 10.00 10.75 10.25 11.00 10.50
2-Weeks 10.25 10.50 10.40 10.75 10.48
1-Month 9.90 10.50 10.25 10.75 10.35
2-Months 10.25 10.50 10.50 10.75 10.50
3-Months 10.25 10.75 10.60 11.00 10.65
4-Months 10.50 11.00 10.75 11.25 10.88
5-Months 10.50 11.00 10.75 11.25 10.88
6-Months 10.60 11.25 10.80 11.50 11.04
9-Months 10.75 11.25 11.00 11.50 11.13
1-Year 10.75 11.50 11.00 11.75 11.25
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 10.00 10.20
0.6-1.0 Years 10.25 10.30
1.1-1.5 Years 10.25 10.35
1.6-2.0 Years 10.40 10.50
2.1-2.5 Years 10.45 10.55
2.6-3.0 Years 10.70 10.80
3.1-3.5 Years 10.75 10.85
3.6-4.0 Years 10.80 10.90
4.1-4.5 Years 10.90 11.00
4.6-5.0 Years 10.95 11.05
5.1-5.5 Years 11.00 11.10
5.6-6.0 Years 11.20 11.30
6.1-6.5 Years 11.30 11.40
6.6-7.0 Years 11.60 11.70
7.1-7.5 Years 11.70 11.80
7.6-8.0 Years 11.85 11.95
8.1-8.5 Years 11.90 12.00
8.6-9.0 Years 12.00 12.10
9.1-9.5 Years 12.00 12.10
9.5-10.0 Year 12.05 12.15
15 Years 12.20 12.40
20 Years 12.40 12.60
30 Years 12.60 12.70
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 10.50 10.75
3 Months 10.50 11.00
6 Months 10.75 11.25
12 Months 11.00 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 9.50-10.00
8-15 Days 9.25-9.75
16-30 Days 9.60-9.70
31-60 Days 9.60-9.65
61-90 Days 9.70-9.80
91-120 Days 9.75-9.85
121-180 Days 9.90-10.00
181-270 Days 10.05-10.15
271-365 Days 10.15-10.20
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Kerb Market FX Rate
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Currency Bid Offer
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USD 68.50 68.80
EUR 106.30 106.60
GBP 133.65 133.95
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