Money Market Report

25 Nov, 2008

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 24, 2008).
For Tuesday it is expected that money market would trade at the level of 9.00% - 12.00%.



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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 3.00 14.00 3.50 14.50 8.75
1-Week 8.00 10.25 8.50 10.50 9.31
2-Week 8.75 10.50 9.25 11.00 9.88
1-Month 9.75 10.75 10.00 11.00 10.38
2-Months 12.25 12.60 12.50 13.00 12.59
3-Months 12.90 13.25 13.25 13.50 13.23
4-Months 13.25 13.75 13.50 14.00 13.63
5-Months 13.50 13.75 13.75 14.00 13.75
6-Months 13.60 14.00 14.00 14.25 13.96
9-Months 13.90 14.20 14.25 14.50 14.21
1-Year 14.00 14.25 14.30 14.55 14.28
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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 6.00 14.00 8.00 15.00 10.75
1-Week 12.50 14.00 13.00 15.00 13.63
2-Week 13.00 15.00 14.00 15.50 14.38
1-Month 14.00 15.50 15.50 16.00 15.25
2-Months 15.00 15.75 15.50 16.00 15.56
3-Months 15.00 16.00 16.00 16.50 15.88
4-Months 15.50 16.00 16.00 16.50 16.00
5-Months 15.75 16.25 16.25 16.75 16.25
6-Months 16.00 16.50 16.50 16.75 16.44
9-Months 16.25 16.75 16.75 17.00 16.69
1-Year 16.50 17.00 17.00 17.50 17.00
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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 15.00 15.30
4.6-5.0 Years 15.10 15.40
5.1-5.5 Years 15.40 15.60
5.6-6.0 Years 15.45 15.75
6.1-6.5 Years 15.50 15.80
6.6-7.0 Years 15.60 15.90
7.1-7.5 Years 15.60 15.90
7.6-8.0 Years 15.70 15.95
8.1-8.5 Years 15.75 15.95
8.6-9.0 Years 15.75 16.00
9.1-9.5 Years 15.80 16.10
9.5-10.0 Years 15.90 16.20
15 Years 16.00 16.30
20 Years 16.50 16.90
30 Years 16.75 17.00
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 16.00 17.00
3 Months 17.00 18.00
6 Months 17.50 19.00
12 Months 18.00 20.00
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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 10.00-11.00
8-15 Days 11.75-12.50
16-30 Days 12.80-13.10
31-60 Days 13.00-13.25
61-90 Days 12.90-13.20
91-120 Days 13.40-13.50
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 78.00 78.80
EUR 98.00 101.00
GBP 116.50 119.00
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