DAILY MONEY MARKET COMMENTS: SOURCE: Treasury Management Division of National Bank of Pakistan, Karachi.
Today, overnight market initiated at the band of 1.00% - 1.50%. Gradually market increased at the level of 1.75% - 2.00%. Most of the trade were seen at the level of 1.50% - 2.00%. At the end of market further came down and closed at the level of 1.00%.
10-year PIB (8%) coupon was quoted in the range of 7.85% - 7.95%.
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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 0.50 1.75 1.00 2.00 1.31
1-Week 1.50 2.00 2.25 2.50 2.06
2-Week 1.75 2.00 2.25 2.50 2.13
1-Month 1.50 1.75 2.20 2.40 1.96
2-Months 1.80 2.00 2.20 2.50 2.13
3-Months 1.90 2.10 2.30 2.50 2.20
4-Months 2.10 2.30 2.50 2.70 2.40
5-Months 2.40 2.60 2.70 2.90 2.65
6-Months 2.50 2.70 2.90 3.10 2.80
9-Months 2.80 3.00 3.20 3.40 3.10
1-Year 3.00 3.40 3.40 3.80 3.40
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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 0.75 2.00 1.25 2.25 1.56
1-Week 1.75 2.25 2.50 2.75 2.31
2-Week 2.00 2.25 2.50 2.75 2.38
1-Month 1.75 2.00 2.25 2.50 2.13
2-Month 2.00 2.20 2.40 2.50 2.28
3-Month 2.10 2.30 2.50 2.70 2.40
4-Month 2.40 2.60 2.80 3.00 2.70
5-Month 2.60 2.80 3.00 3.20 2.90
6-Month 2.70 2.90 3.10 3.30 3.00
9-Month 3.00 3.25 3.50 3.75 3.38
1-Year 3.40 3.60 3.80 4.00 3.70
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 2.00 2.50
0.6-1.0 Years 2.50 3.25
1.1-1.5 Years 3.50 4.25
1.6-2.0 Years 4.50 5.00
2.1-2.5 Years 4.80 5.20
2.6-3.0 Years 5.20 5.45
3.1-3.5 Years 5.40 5.80
3.6-4.0 Years 5.60 6.00
4.1-4.5 Years 5.80 6.20
4.6-5.0 Years 6.00 6.40
6.1-6.5 Years 7.65 8.00
6.6-7.0 Years 7.50 7.90
7.1-7.5 Years 7.75 7.95
7.6-8.0 Years 7.85 8.10
8.1-8.5 Years 7.85 8.05
8.6-9.0 Years 7.90 8.05
9.1-9.5 Years 7.75 7.90
9.6-10.0 Years 7.85 7.95
15 Years 8.80 9.00
20 Years 9.80 10.00
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FIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 1.90 2.70
0.6-1.0 Years 2.70 3.20
1.1-1.5 Years 3.60 4.20
1.6-2.0 Years 4.50 5.00
2.1-2.5 Years 4.70 5.20
2.6-3.0 Years 4.90 5.40
3.1-3.5 Years 5.20 5.70
3.6-4.0 Years 5.50 6.00
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Clean Deposit Market
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Tenor Range (% p a)
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01 Months 2.25 4.00
03 Months 2.50 4.25
06 Months 3.25 4.75
12 Months 4.00 5.50
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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 1.90-2.40
8-15 Days 1.80-2.30
16-30 Days 2.00-2.40
31-60 Days 2.10-2.40
61-90 Days 2.10-2.40
91-120 Days 2.30-2.60
121-180 Days 2.40-2.70
181-270 Days 2.60-2.90
271-365 Days 2.80-3.20
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Kerb Market FX Rate
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Currency Bid Offer
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USD 59.20 59.25
EUR 71.40 71.70
GBP 106.40 106.70
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