Money Market Report

16 Jul, 2008

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (July 15, 2008).
For Wednesday it is expected that money market would trade at the level of 9.00% - 10.00%.

=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   10.00     11.75       10.50       11.90         11.04
1-Week      10.10     10.30       10.25       10.40         10.26
2-Week      10.10     10.25       10.25       10.40         10.25
1-Month     10.30     10.50       10.50       10.60         10.48
2-Months    11.40     10.50       11.50       11.60         11.25
3-Months    11.50     11.55       11.55       11.60         11.55
4-Months    11.50     11.60       11.60       11.70         11.60
5-Months    11.50     11.60       11.60       11.70         11.60
6-Months    11.50     11.65       11.60       11.70         11.61
9-Months    11.50     11.65       11.60       11.70         11.61
1-Year      11.55     11.70       11.65       11.80         11.68
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor      Low Bid   High Bid   Low Offer   High Offer    Average
=================================================================
Overnight   12.00     13.25       12.50       13.50         12.81
1-Week      11.50     13.00       12.00       13.50         12.50
2-Week      11.50     13.00       12.00       13.50         12.50
1-Month     12.00     13.50       13.00       14.00         13.13
2-Months    12.00     14.00       13.00       14.50         13.38
3-Months    12.50     14.50       13.50       15.00         13.88
4-Months    13.00     14.50       14.00       15.00         14.13
5-Months    13.50     14.50       14.00       15.50         14.38
6-Months    14.00     14.75       14.50       15.50         14.69
9-Months    14.25     15.00       14.75       16.00         15.00
1-Year      14.50     15.50       15.00       16.00         15.25
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity         Yield     Range
================================
0.1-0.5 Years    11.60     11.80
0.6-1.0 Years    11.75     11.90
1.1-1.5 Years    12.50     12.75
1.6-2.0 Years    12.90     13.00
2.1-2.5 Years    12.90     13.10
2.6-3.0 Years    12.90     13.10
3.1-3.5 Years    13.00     13.15
3.6-4.0 Years    13.00     13.20
4.1-4.5 Years    13.00     13.25
4.6-5.0 Years    13.10     13.35
5.1-5.5 Years    13.20     13.40
5.6-6.0 Years    13.20     13.40
6.1-6.5 Years    13.30     13.50
6.6-7.0 Years    13.30     13.45
7.1-7.5 Years    13.35     13.45
7.6-8.0 Years    13.40     13.50
8.1-8.5 Years    13.60     13.70
8.6-9.0 Years    13.70     13.80
9.1-9.5 Years    13.80     14.00
9.5-10.0 Years   13.75     13.90
15 Years         14.10     14.30
20 Years         14.30     14.50
30 Years         14.50     14.60
================================
Clean Deposit Market
--------------------------------
Tenor            Range   (% p a)
================================
1 Month          13.00     14.00
3 Months         14.00     15.00
6 Months         14.50     16.50
12 Months        15.00     17.00
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
12 Months Instruments
================================
Days to Maturity   Yield Range %
================================
0-7 Days             10.25-10.75
8-15 Days            10.50-11.00
16-30 Days           11.20-11.40
31-60 Days           11.20-11.35
61-90 Days           11.45-11.55
91-120 Days          11.50-11.60
121-180 Days         11.50-11.65
181-270 Days         11.60-11.70
271-365 Days         11.70-11.75
================================
Kerb Market FX Rate
--------------------------------
Currency       Bid         Offer
--------------------------------
USD           70.50        71.00
EUR          111.30       112.30
GBP          139.70       140.70
================================

Read Comments