DAILY MONEY MARKET COMMENTS: SBP conducted OMO for two days and injected PKR 55 billion @ 5.86% against the total participation of PKR87billion. The interbank market initiated at 5.85%-6.10%. Major trading was witnessed within the range of 5.85%-5.95% and closed at the level of 6.10%-6.25%.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 5.85 6.25 5.85 6.25 6.05
1-Week 5.80 5.83 5.84 5.90 5.84
2-Week 5.85 5.90 5.95 6.00 5.93
1-Month 5.80 5.85 5.80 5.90 5.84
2-Months 5.80 5.85 5.80 5.90 5.84
3-Months 5.80 5.85 5.85 5.90 5.85
4-Months 5.80 5.85 5.85 5.90 5.85
5-Months 5.85 5.90 5.85 5.95 5.89
6-Months 5.85 5.90 5.90 5.95 5.90
9-Months 5.85 5.90 5.90 5.95 5.90
1-Year 5.85 5.90 5.90 5.95 5.90
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 5.90 6.25 5.95 6.25 6.09
1-Week 5.80 5.85 5.85 5.95 5.86
2-Week 5.80 5.90 5.85 5.95 5.88
1-Month 5.80 5.90 5.90 6.00 5.90
2-Months 5.80 5.90 5.90 6.00 5.90
3-Months 5.80 5.90 5.90 6.00 5.90
4-Months 5.85 5.90 5.90 6.00 5.91
5-Months 5.85 5.90 5.90 6.00 5.91
6-Months 5.85 5.90 5.90 6.00 5.91
9-Months 5.85 5.90 5.90 6.00 5.91
1-Year 5.85 5.90 5.90 6.00 5.91
=================================================================
================================
PIB Secondary Market Data
--------------------------------
Maturity Yield Range
================================
0.1-0.5 Years 5.88 5.90
0.6-1.0 Years 5.92 5.94
1.1-1.5 Years 5.97 5.99
1.6-2.0 Years 6.10 6.15
2.1-2.5 Years 6.20 6.22
2.6-3.0 Years 6.40 6.42
3.1-3.5 Years 6.45 6.54
3.6-4.0 Years 6.45 6.54
4.1-4.5 Years 6.70 6.80
4.6-5.0 Years 6.97 6.98
5.1-5.5 Years 7.05 7.10
5.6-6.0 Years 7.10 7.15
6.1-6.5 Years 7.20 7.22
6.6-7.0 Years 7.35 7.40
7.1-7.5 Years 7.65 7.70
7.6-8.0 Years 7.75 7.80
8.1-8.5 Years 7.80 7.90
8.6-9.0 Years 7.85 7.95
9.1-9.5 Years 7.90 8.00
9.5-10.0 Years 8.00 8.10
15 Years 9.50 10.00
20 Years 10.00 10.25
30 Years 10.50 10.75
================================
Clean Deposit Market
--------------------------------
Tenor Range (% p a)
================================
1 Month 6.05 6.25
3 Months 6.15 6.25
6 Months 6.15 6.30
12 Months 6.25 6.40
================================
T-Bill Secondary Market Data
================================
3 Months, 6 Months &
================================
12 Months Instruments
================================
Days to Maturity Yield Range %
================================
0-7 Days 5.85 5.90
8-15 Days 5.85 5.90
16-30 Days 5.89 5.92
31-60 Days 5.90 5.92
61-90 Days 5.93 5.94
91-120 Days 5.92 5.95
121-180 Days 5.96 5.98
181-270 Days 5.96 6.00
271-365 Days 5.97 6.00
================================
Kerb Market FX Rate
--------------------------------
Currency Bid Offer
--------------------------------
USD 106.50 106.90
EUR 114.00 115.00
GBP 131.70 132.30
JPY 0.93 0.98
================================