Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 09, 2012).
DAILY MONEY MARKET COMMENTS: The interbank market initiated within the range of 11.50 - 11.75%. SBP conducted OMO for 7 days and injected Rs [email protected]%. After the OMO result most of the trades were witnessed within the range of 11.65% - 11.75% and market closed within the same range.

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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    11.50      11.90      11.60       11.90        11.73

1-Week       11.60      11.75      11.75       11.85        11.74

2-Week       11.65      11.70      11.75       11.80        11.73

1-Month      11.65      11.70      11.75       11.80        11.73

2-Months     11.65      11.75      11.75       11.80        11.74

3-Months     11.65      11.75      11.80       11.85        11.76

4-Months     11.65      11.80      11.80       11.85        11.78

5-Months     11.70      11.80      11.80       11.85        11.79

6-Months     11.75      11.80      11.80       11.85        11.80

9-Months     11.75      11.85      11.85       11.90        11.84

1-Year       11.80      11.90      11.80       11.90        11.85

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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    11.50      11.90      11.60       11.90        11.73

1-Week       11.70      11.95      11.85       12.00        11.88

2-Week       11.70      11.90      11.85       11.95        11.85

1-Month      11.75      11.90      11.80       11.95        11.85

2-Months     11.75      11.90      11.80       11.95        11.85

3-Months     11.75      11.90      11.85       11.95        11.86

4-Months     11.75      11.90      11.85       11.95        11.86

5-Months     11.75      11.90      11.85       11.95        11.86

6-Months     11.80      11.95      11.90       12.00        11.91

9-Months     11.85      11.95      11.90       12.00        11.93

1-Year       11.90      12.00      12.00       12.10        12.00

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PIB Secondary Market Data

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Maturity         Yield     Range

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0.1-0.5 Years    11.95     12.00

0.6-1.0 Years    12.10     12.15

1.1-1.5 Years    12.20     12.25

1.6-2.0 Years    12.25     12.30

2.1-2.5 Years    12.40     12.45

2.6-3.0 Years    12.45     12.50

3.1-3.5 Years    12.60     12.65

3.6-4.0 Years    12.80     12.85

4.1-4.5 Years    12.85     12.90

4.6-5.0 Years    12.88     12.92

5.1-5.5 Years    12.90     12.95

5.6-6.0 Years    12.94     12.98

6.1-6.5 Years    12.98     13.02

6.6-7.0 Years    13.00     13.04

7.1-7.5 Years    13.00     13.04

7.6-8.0 Years    13.02     13.06

8.1-8.5 Years    13.05     13.08

8.6-9.0 Years    13.05     13.08

9.1-9.5 Years    13.05     13.07

9.5-10.0 Years   13.04     13.06

15 Years         13.30     13.35

20 Years         13.35     13.40

30 Years         13.45     13.50

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Clean Deposit Market

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Tenor            Range   (% p a)

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1 Month          12.00     12.20

3 Months         12.25     12.40

6 Months         12.25     12.50

12 Months        12.30     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          11.75    11.80

8-15 Days         11.78    11.80

16-30 Days        11.75    11.80

31-60 Days        11.78    11.81

61-90 Days        11.78    11.80

91-120 Days       11.82    11.86

121-180 Days      11.84    11.89

181-270 Days      11.89    11.92

271-365 Days      11.90    11.93

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Kerb Market FX Rate

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Currency          Bid      Offer

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GBP             143 00    143.80

USD              90.80     91.00

EUR             119.80    120.50

JPY               1.10      1.13

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