Money Market Report

13 Nov, 2008

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (November 12, 2008).
For Thursday it is expected that money market would trade at the level of 9.00% - 11.00%.



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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 1.00 8.00 2.00 8.50 4.88
1-Week 9.25 9.75 10.00 10.25 9.81
2-Week 11.25 11.50 11.60 11.90 11.56
1-Month 12.75 13.25 13.25 13.50 13.19
2-Months 13.50 13.90 13.75 14.00 13.79
3-Months 13.40 14.00 13.75 14.25 13.85
4-Months 13.40 14.10 13.90 14.30 13.93
5-Months 13.50 14.10 14.00 14.40 14.00
6-Months 13.75 14.25 14.20 14.50 14.18
9-Months 14.00 14.50 14.40 14.60 14.38
1-Year 14.10 14.60 14.50 14.65 14.46
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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 8.00 15.00 10.00 16.00 12.25
1-Week 13.00 15.50 13.50 16.25 14.56
2-Week 14.00 16.00 14.50 17.00 15.38
1-Month 15.00 16.50 15.50 17.00 16.00
2-Months 15.50 16.50 16.00 17.00 16.25
3-Months 16.50 17.00 17.00 18.00 17.13
4-Months 16.75 17.50 17.25 18.00 17.38
5-Months 17.00 17.75 17.25 18.00 17.50
6-Months 17.25 17.75 17.50 18.50 17.75
9-Months 17.50 18.00 18.00 19.00 18.13
1-Year 17.50 18.00 18.00 19.00 18.13
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 13.50 14.00
0.6-1.0 Years 13.75 14.10
1.1-1.5 Years 14.20 14.40
1.6-2.0 Years 14.30 14.60
2.1-2.5 Years 14.50 14.70
2.6-3.0 Years 14.65 14.85
3.1-3.5 Years 14.70 14.90
3.6-4.0 Years 14.80 15.00
4.1-4.5 Years 14.90 15.10
4.6-5.0 Years 15.10 15.30
5.1-5.5 Years 15.20 15.40
5.6-6.0 Years 15.20 15.40
6.1-6.5 Years 15.25 15.50
6.6-7.0 Years 15.30 15.60
7.1-7.5 Years 15.40 15.70
7.6-8.0 Years 15.40 15.70
8.1-8.5 Years 15.50 15.80
8.6-9.0 Years 15.50 15.80
9.1-9.5 Years 15.60 15.90
9.5-10.0 Years 15.60 16.00
15 Years 15.80 16.20
20 Years 16.20 16.50
30 Years 16.40 16.75
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 17.00 18.00
3 Months 17.00 19.00
6 Months 18.00 20.00
12 Months 18.00 22.00
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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 11.50-12.50
8-15 Days 11.75-12.50
16-30 Days 12.80-13.10
31-60 Days 13.00-13.25
61-90 Days 13.25-13.60
91-120 Days 13.40-13.70
121-180 Days 13.50-13.80
181-270 Days 13.70-13.90
271-365 Days 14.00-14.25
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Kerb Market FX Rate
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Currency Bid Offer
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USD 79.00 80.00
EUR 100.50 101.50
GBP 123.00 125.00
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