Money Market Report

24 Jul, 2008

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (July 23, 2008).
For Thursday it is expected that money market would trade at the level of 9.75% - 10.50%.



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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 9.00 11.50 9.50 11.75 10.44
1-Week 10.00 10.40 10.10 10.50 10.25
2-Week 10.50 11.00 11.00 11.25 10.94
1-Month 10.75 11.00 11.00 11.25 11.00
2-Months 11.70 11.80 11.85 11.85 11.80
3-Months 11.80 11.90 11.85 11.95 11.88
4-Months 11.80 11.90 11.85 11.95 11.88
5-Months 11.85 11.90 11.90 12.00 11.91
6-Months 11.90 11.95 11.95 12.00 11.95
9-Months 11.90 11.95 11.95 12.00 11.95
1-Year 11.90 11.95 11.95 12.00 11.95
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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 11.00 13.50 11.50 14.00 12.50
1-Week 11.50 14.00 12.00 15.00 13.13
2-Week 12.00 14.50 13.00 15.00 13.63
1-Month 12.00 14.50 13.00 15.00 13.63
2-Months 12.50 14.50 13.00 15.00 13.75
3-Months 13.00 15.00 14.00 15.50 14.38
4-Months 13.00 15.00 14.00 15.50 14.38
5-Months 13.50 15.00 14.00 15.50 14.50
6-Months 14.00 15.25 14.50 15.50 14.81
9-Months 14.25 15.50 14.75 16.00 15.13
1-Year 14.50 15.50 15.00 16.00 15.25
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 12.00 12.25
0.6-1.0 Years 12.40 12.50
1.1-1.5 Years 13.25 13.35
1.6-2.0 Years 13.25 13.35
2.1-2.5 Years 13.30 13.40
2.6-3.0 Years 13.50 13.60
3.1-3.5 Years 13.90 14.00
3.6-4.0 Years 14.10 14.20
4.1-4.5 Years 14.20 14.30
4.6-5.0 Years 14.30 14.40
5.1-5.5 Years 14.30 14.40
5.6-6.0 Years 14.40 14.50
6.1-6.5 Years 14.40 14.50
6.6-7.0 Years 14.50 14.60
7.1-7.5 Years 14.60 14.70
7.6-8.0 Years 14.60 14.70
8.1-8.5 Years 14.60 14.70
8.6-9.0 Years 14.65 14.75
9.1-9.5 Years 14.70 14.90
9.5-10.0 Years 14.70 14.90
15 Years 14.90 15.00
20 Years 15.00 15.10
30 Years 15.10 15.20
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 14.00 14.50
3 Months 14.50 15.50
6 Months 15.50 17.00
12 Months 15.50 17.00
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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 10.50-11.00
8-15 Days 10.75-11.25
16-30 Days 11.40-11.60
31-60 Days 11.60-11.70
61-90 Days 11.65-11.75
91-120 Days 11.80-11.90
121-180 Days 11.85-11.90
181-270 Days 11.90-12.00
271-365 Days 11.90-12.00
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Kerb Market FX Rate
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Currency Bid Offer
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USD 71.50 72.00
EUR 112.10 113.10
GBP 142.00 143.00
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