Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (September 12, 2011).
DAILY MONEY MARKET COMMENTS: Money Market initiated at the level of 13.00% - 13.25%. Major Deals were done in the range of 13.25% - 13.40%. Trading session closed at the level of 13.40%.
Tuesday it is expected that money market would trade at the level of 13.25% - 13.40%.

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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    12.90      13.40      13.10        13.40       13.20

1-Week       13.10      13.20      13.20        13.30       13.20

2-Week       13.10      13.20      13.25        13.30       13.21

1-Month      13.00      13.15      13.20        13.30       13.16

2-Months     13.00      13.15      13.20        13.30       13.16

3-Months     13.00      13.15      13.25        13.30       13.18

4-Months     13.00      13.20      13.25        13.30       13.19

5-Months     13.00      13.20      13.25        13.30       13.19

6-Months     13.05      13.20      13.25        13.30       13.20

9-Months     13.15      13.25      13.35        13.40       13.29

1-Year       13.20      13.30      13.35        13.40       13.31

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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    13.00      13.40      13.10        13.45       13.24

1-Week       13.15      13.25      13.25        13.30       13.24

2-Week       13.15      13.25      13.25        13.30       13.24

1-Month      13.05      13.20      13.25        13.30       13.20

2-Months     13.05      13.25      13.30        13.35       13.24

3-Months     13.05      13.25      13.30        13.35       13.24

4-Months     13.10      13.25      13.30        13.35       13.25

5-Months     13.10      13.30      13.30        13.40       13.28

6-Months     13.10      13.35      13.30        13.40       13.29

9-Months     13.15      13.35      13.40        13.40       13.33

1-Year       13.20      13.45      13.40        13.45       13.38

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PIB Secondary Market Data

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Maturity         Yield     Range

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0.1-0.5 Years    13.24     13.28

0.6-1.0 Years    13.25     13.30

1.1-1.5 Years    13.13     13.17

1.6-2.0 Years    13.13     13.17

2.1-2.5 Years    13.13     13.18

2.6-3.0 Years    13.14     13.19

3.1-3.5 Years    13.14     13.19

3.6-4.0 Years    13.15     13.20

4.1-4.5 Years    13.15     13.20

4.6-5.0 Years    13.16     13.20

5.1-5.5 Years    13.16     13.20

5.6-6.0 Years    13.17     13.21

6.1-6.5 Years    13.17     13.21

6.6-7.0 Years    13.18     13.22

7.1-7.5 Years    13.18     13.22

7.6-8.0 Years    13.20     13.23

8.1-8.5 Years    13.20     13.23

8.6-9.0 Years    13.22     13.25

9.1-9.5 Years    13.22     13.25

9.5-10.0 Years   13.22     13.25

15 Years         13.50     13.55

20 Years         13.65     13.70

30 Years         13.75     13.85

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Clean Deposit Market

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Tenor            Range   (% p a)

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1 Month          13.30     13.40

3 Months         13.30     13.40

6 Months         13.40     13.50

12 Months        13.50     13.75

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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          13.25    13.30

8-15 Days         13.24    13.28

16-30 Days        13.24    13.27

31-60 Days        13.25    13.28

61-90 Days        13.25    13.28

91-120 Days       13.24    13.29

121-180 Days      13.24    13.27

181-270 Days      13.30    13.33

271-365 Days      13.35    13.37

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Kerb Market FX Rate

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Currency          Bid      Offer

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USD              87.50     87.80

EUR             121.00    122.00

GBP             139.50    140.50

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