Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 18, 2011).
DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.90%. Major trades were done within the range of 11.90% - 11.95%. The session closed at 11.90%.
For Wednesday it is expected that money market would trade at the level of 11.90%.

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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     11.90     11.90       11.90       11.90       11.90

1-Week        11.75     11.85       11.85       11.90       11.84

2-Week        11.80     11.90       11.90       11.95       11.89

1-Month       11.80     11.90       11.90       11.95       11.89

2-Months      11.75     11.85       11.85       11.90       11.84

3-Months      11.75     11.85       11.85       11.90       11.84

4-Months      11.70     11.80       11.85       11.90       11.81

5-Months      11.65     11.80       11.80       11.85       11.78

6-Months      11.65     11.75       11.80       11.85       11.76

9-Months      11.70     11.80       11.80       11.90       11.80

1-Year        11.75     11.85       11.85       11.90       11.84

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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     11.90     11.90       11.90       11.95       11.91

1-Week        11.75     11.90       11.95       12.00       11.90

2-Week        11.80     11.95       11.95       12.10       11.95

1-Month       11.85     11.95       11.90       12.10       11.95

2-Months      11.85     11.90       11.90       12.00       11.91

3-Months      11.80     11.95       11.90       12.00       11.91

4-Months      11.80     11.95       11.90       12.00       11.91

5-Months      11.80     11.90       11.90       12.00       11.90

6-Months      11.85     11.95       11.95       12.00       11.94

9-Months      11.90     12.10       12.10       12.25       12.09

1-Year        11.90     12.15       12.10       12.25       12.10

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PIB Secondary Market Data

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Maturity         Yield     Range

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0.1-0.5 Years    11.88     11.92

0.6-1.0 Years    11.95     11.98

1.1-1.5 Years    12.04     12.08

1.6-2.0 Years    12.08     12.14

2.1-2.5 Years    12.10     12.15

2.6-3.0 Years    12.12     12.16

3.1-3.5 Years    12.14     12.18

3.6-4.0 Years    12.14     12.18

4.1-4.5 Years    12.15     12.20

4.6-5.0 Years    12.15     12.20

5.1-5.5 Years    12.16     12.20

5.6-6.0 Years    12.18     12.22

6.1-6.5 Years    12.18     12.22

6.6-7.0 Years    12.20     12.23

7.1-7.5 Years    12.20     12.23

7.6-8.0 Years    12.19     12.23

8.1-8.5 Years    12.18     12.22

8.6-9.0 Years    12.18     12.22

9.1-9.5 Years    12.16     12.20

9.5-10.0Years    12.16     12.20

15 Years         12.30     12.40

20 Years         12.40     12.50

30 Years         12.50     12.60

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Clean Deposit Market

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Tenor            Range   (% p a)

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1 Month          12.25     12.50

3 Months         12.10     12.40

6 Months         12.20     12.50

12 Months        12.25     12.50

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T-Bill Secondary Market Data

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3 Months, 6 Months &

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           12 Months Instruments

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Days to Maturity  Yield  Range %

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0-7 Days          11.95    12.00

8-15 Days         11.95    12.00

16-30 Days        11.90    11.95

31-60 Days        11.88    11.92

61-90 Days        11.87    11.90

91-120 Days       11.86    11.90

121-180 Days      11.88    11.91

181-270 Days      11.92    11.94

271-365 Days      11.90    11.95

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Kerb Market FX Rate

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Currency          Bid      Offer

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GBP              137.1     138.5

USD              88.40     88.90

EUR             119.30    120.50

JPY               1.11      1.13

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