DAILY MONEY MARKET COMMENTS: The overnight interbank money market rates remained stable on the last day of the year. Initially the market opened with a wide range of 3.00% -7.40%. But as the day progressed the trading levels dipped due to excess liquidity present in the market and most of the trades were witnessed in the vicinity of 1.75% -2.75%, and closed at the same levels.
Wapda bond 10th issue was quoted at the levels of Rs 102.95 -103.71 @ 6.00%-6.25% respectively.
=================================================================
Repo Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 1.50 4.00 2.00 7.40 3.73
1-Week 3.00 3.25 3.50 3.75 3.73
2-Week 3.25 3.50 3.75 4.00 3.63
1-Month 3.50 3.75 4.00 4.25 3.88
2-Months 3.55 3.80 4.25 4.50 4.03
3-Months 3.75 4.00 4.25 4.50 4.13
4-Months 4.00 4.25 4.50 4.75 4.38
5-Months 4.25 4.50 4.75 5.00 4.63
6-Months 4.75 5.00 5.25 5.50 5.13
9-Months 5.00 5.25 5.50 5.75 5.38
1-Year 5.25 5.50 5.75 6.25 5.69
=================================================================
Call Rates (Yield p a)
-----------------------------------------------------------------
Tenor Low Bid High Bid Low Offer High Offer Average
=================================================================
Overnight 2.00 4.50 3.00 7.40 4.23
1-Week 3.50 4.00 4.25 4.50 4.06
2-Week 3.50 3.75 4.00 4.25 3.88
1-Month 4.00 4.25 4.50 4.75 4.38
2-Month 4.00 4.25 4.50 4.75 4.38
3-Month 4.25 4.50 4.75 5.00 4.63
4-Month 4.50 4.75 5.00 5.25 4.88
5-Month 4.75 5.00 5.25 5.75 5.19
6-Month 5.25 5.50 5.75 6.00 5.63
9-Month 5.50 5.75 6.00 6.25 5.88
1-Year 5.50 5.75 6.00 6.25 5.88
=================================================================
=================================
PIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 3.75 4.00
0.6-1.0 Years 4.25 4.75
1.1-1.5 Years 4.50 4.95
1.6-2.0 Years 4.60 5.00
2.1-2.5 Years 5.00 5.20
2.6-3.0 Years 5.30 5.40
3.1-3.5 Years 5.70 5.85
3.6-4.0 Years 6.30 6.40
4.1-4.5 Years 6.40 6.50
5.6-6.0 Years 7.45 7.55
6.1-6.5 Years 7.60 7.75
6.6-7.0 Years 7.65 7.70
7.1-7.5 Years 7.65 7.70
7.6-8.0 Years 7.70 7.75
8.1-8.5 Years 7.75 7.80
8.6-9.0 Years 7.60 7.70
9.1-9.5 Years 7.65 7.70
9.6-10.0 Year 7.68 7.72
15 Years 8.90 9.15
20 Years 9.90 10.15
=================================
FIB Secondary Market Data
---------------------------------
Maturity Yield Range
=================================
0.1-0.5 Years 3.65 3.90
0.6-1.0 Years 4.15 4.65
1.1-1.5 Years 4.40 4.85
1.6-2.0 Years 4.50 4.90
2.1-2.5 Years 4.90 5.10
2.6-3.0 Years 5.20 5.30
3.1-3.5 Years 5.60 5.75
3.6-4.0 Years 5.75 5.90
=================================
Clean Deposit Market
---------------------------------
Tenor Range (% p a)
=================================
01 Month 6.00 6.25
03 Months 5.75 6.25
06 Months 6.00 6.75
12 Months 6.25 7.00
=================================
T-Bill Secondary Market Data
=================================
3 Months, 6 Months &
12 Months Instruments
=================================
Days to Maturity Yield Range %
=================================
0-7 Days 4.00-4.25
8-15 Days 3.75-4.00
16-30 Days 3.80-4.10
31-60 Days 3.85-4.25
61-90 Days 4.00-4.00
91-120 Days 4.00-4.30
121-180 Days 4.05-4.35
181-270 Days 4.25-4.50
271-365 Days 4.40-4.60
=================================
Kerb Market FX Rate
---------------------------------
Currency Bid Offer
---------------------------------
USD 59.75 59.85
EUR 81.00 81.30
GBP 114.40 115.20
=================================