DAILY MONEY MARKET COMMENTS: The interbank overnight trading initiated at the levels of 2.00% - 3.00%, rates and most of the trade has been seen at the level of 1.50% -2.00%. and market fell down and closed at the level of 1.00% - 1.50%, 10-year PIB (8%) coupon was quoted in the range of 8.20% - 8.40%.
SBP has announced a 60 billion target of 3-month and 12-month T-Bill auction. For PIBs the target is 3 billion of 3,5 and 10-years
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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 1.00 2.50 1.50 3.00 2.00
1-Week 1.50 1.75 2.00 2.25 1.88
2-Week 1.75 2.00 2.25 2.50 2.13
1-Month 1.80 2.00 2.20 2.40 2.10
2-Months 2.00 2.20 2.40 2.60 2.30
3-Months 2.20 2.40 2.60 2.80 2.50
4-Months 2.40 2.60 2.80 3.00 2.70
5-Months 2.60 2.80 3.00 3.20 2.90
6-Months 2.80 3.00 3.20 3.40 3.10
9-Months 3.20 3.40 3.60 3.80 3.50
1-Year 3.40 3.60 3.80 4.00 3.70
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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 1.25 2.75 1.75 3.25 2.25
1-Week 1.75 2.00 2.25 2.50 2.13
2-Week 2.00 2.25 2.50 2.75 2.38
1-Month 2.00 2.20 2.40 2.60 2.30
2-Month 2.20 2.40 2.60 2.80 2.50
3-Month 2.40 2.60 2.80 3.00 2.70
4-Month 2.60 2.80 3.00 3.20 2.90
5-Month 2.80 3.00 3.20 3.40 3.10
6-Month 3.00 3.20 3.40 3.60 3.30
9-Month 3.40 3.60 3.80 4.00 3.70
1-Year 3.60 3.80 4.00 4.20 3.90
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 2.25 3.25
0.6-1.0 Years 2.50 3.50
1.1-1.5 Years 3.50 4.50
1.6-2.0 Years 5.00 5.50
2.1-2.5 Years 5.60 6.00
2.6-3.0 Years 5.90 6.20
3.1-3.5 Years 6.10 6.50
3.6-4.0 Years 6.30 6.70
4.1-4.5 Years 6.70 7.00
4.6-5.0 Years 6.90 7.20
6.6-7.0 Years 7.80 8.30
7.1-7.5 Years 8.20 8.60
7.6-8.0 Years 8.20 8.60
8.1-8.5 Years 8.20 8.60
8.6-9.0 Years 8.30 8.60
9.1-9.5 Years 8.20 8.40
9.6-10.0 Years 8.20 8.40
15 Years 9.00 9.30
20 Years 10.00 10.30
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FIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 2.35 3.35
0.6-1.0 Years 2.60 3.60
1.1-1.5 Years 3.60 4.60
1.6-2.0 Years 5.10 5.60
2.1-2.5 Years 5.70 6.10
2.6-3.0 Years 6.00 6.30
3.1-3.5 Years 6.20 6.60
3.6-4.0 Years 6.40 6.80
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Clean Deposit Market
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Tenor Range (% p a)
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01 Month 2.25 3.50
03 Month 2.50 3.75
06 Month 3.25 4.25
12 Month 3.50 4.25
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T-Bill Secondary Market Data
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3 Months, 6 Months &
12 Months Instruments
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Days to Maturity Yield Range %
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0-7 Days 2.80-3.25
8-15 Days 2.20-2.60
16-30 Days 1.90-2.30
31-60 Days 2.10-2.50
61-90 Days 1.90-2.40
91-120 Days 2.20-2.60
121-180 Days 2.40-2.70
181-270 Days 2.70-2.10
271-365 Days 3.00-3.50
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Kerb Market FX Rate
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Currency Bid Offer
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USD 58.55 58.65
EUR 71.00 71.20
GBP 107.00 107.50
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