Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (July 27, 2011).
DAILY MONEY MARKET COMMENTS: Money Market initiated at 12.25% - 12.75%. Most of the deals were done in range of 12.50% - 13.25%. Money Market closed at the level of 12.50% - 12.75%.
For Thursday it is expected that money market would trade within the levels of 13.25% - 13.90%.

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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     12.25     13.75      12.50        13.90       13.10

1-Week        12.90     13.30      13.30        13.45       13.24

2-Week        13.00     13.35      13.35        13.45       13.29

1-Month       13.00     13.35      13.40        13.45       13.30

2-Months      13.10     13.40      13.40        13.45       13.34

3-Months      13.15     13.45      13.45        13.50       13.39

4-Months      13.15     13.45      13.50        13.55       13.41

5-Months      13.20     13.50      13.50        13.60       13.45

6-Months      13.25     13.55      13.50        13.60       13.48

9-Months      13.30     13.65      13.65        13.75       13.59

1-Year        13.40     13.65      13.65        13.75       13.61

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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     12.25     13.75      12.50        13.90       13.10

1-Week        13.00     13.35      13.35        13.45       13.29

2-Week        13.10     13.40      13.40        13.50       13.35

1-Month       13.15     13.45      13.45        13.50       13.39

2-Months      13.15     13.45      13.45        13.55       13.40

3-Months      13.20     13.50      13.50        13.60       13.45

4-Months      13.20     13.50      13.50        13.65       13.46

5-Months      13.25     13.55      13.50        13.65       13.49

6-Months      13.30     13.60      13.50        13.65       13.51

9-Months      13.50     13.70      13.60        13.75       13.64

1-Year        13.50     13.75      13.60        13.90       13.69

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PIB Secondary Market Data

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Maturity         Yield     Range

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0.1-0.5 Years    13.75     13.80

0.6-1.0 Years    13.80     13.85

1.1-1.5 Years    13.92     13.94

1.6-2.0 Years    13.95     13.97

2.1-2.5 Years    13.96     13.98

2.6-3.0 Years    13.96     13.99

3.1-3.5 Years    13.98     14.00

3.6-4.0 Years    14.00     14.03

4.1-4.5 Years    14.02     14.04

4.6-5.0 Years    14.02     14.05

5.1-5.5 Years    14.03     14.05

5.6-6.0 Years    14.04     14.06

6.1-6.5 Years    14.05     14.07

6.6-7.0 Years    14.05     14.07

7.1-7.5 Years    14.05     14.07

7.6-8.0 Years    14.05     14.07

8.1-8.5 Years    14.04     14.06

8.6-9.0 Years    14.04     14.06

9.1-9.5 Years    14.01     14.03

9.5-10.0 Years   14.01     14.03

15 Years         14.20     14.25

20 Years         14.25     14.30

30 Years         14.30     14.35

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Clean Deposit Market

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Tenor            Range   (% p a)

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1 Month          13.40     13.60

3 Months         13.50     13.75

6 Months         13.75     14.00

12 Months        14.00     14.25

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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    13.35

8-15 Days         13.42    13.46

16-30 Days        13.42    13.46

31-60 Days        13.45    13.50

61-90 Days        13.48    13.52

91-120 Days       13.58    13.62

121-180 Days      13.68    13.72

181-270 Days      13.78    13.82

271-365 Days      13.86    13.89

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Kerb Market FX Rate

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Currency          Bid      Offer

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USD              85.85     86.15

EUR             120.85    122.63

GBP             137.78    139.76

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