DAILY MONEY MARKET COMMENTS: Today money market rates were initiated at the level of 8.50% - 8.75%. However, in clean and call placements the overnight interest rates were at 9.50% - 10.00%. Today money market closed at the level of 8.90%.
Keeping in view of today's interbank market we believe that on Wednesday overnight repo rates will remain at the level of 8.75% -8.90%.
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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 8.50 8.90 8.70 8.90 8.75
1-Week 8.25 8.40 8.55 8.70 8.48
2-Week 8.25 8.40 8.40 8.60 8.41
1-Month 8.20 8.35 8.35 8.50 8.35
2-Months 8.25 8.35 8.30 8.45 8.34
3-Months 8.20 8.35 8.35 8.45 8.34
4-Months 8.25 8.40 8.35 8.55 8.39
5-Months 8.25 8.40 8.35 8.60 8.40
6-Months 8.25 8.40 8.40 8.60 8.41
9-Months 8.25 8.50 8.50 8.65 8.48
1-Year 8.45 8.60 8.70 8.80 8.64
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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 9.00 9.75 9.25 10.00 9.50
1-Week 8.40 8.75 8.60 8.80 8.64
2-Week 8.40 8.75 8.60 9.00 8.69
1-Month 8.40 9.00 8.75 9.50 8.91
2-Months 8.50 9.25 8.75 9.75 9.06
3-Months 8.60 9.50 9.00 9.75 9.21
4-Months 8.65 9.60 9.00 10.00 9.31
5-Months 8.70 9.75 9.00 10.00 9.36
6-Months 8.75 9.75 9.00 10.00 9.38
9-Months 8.80 9.75 9.25 10.00 9.45
1-Year 8.80 9.80 9.35 10.20 9.54
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 8.45 8.70
0.6-1.0 Years 8.75 8.85
1.1-1.5 Years 8.95 9.15
1.6-2.0 Years 8.90 9.05
2.1-2.5 Years 8.90 9.00
2.6-3.0 Years 8.95 9.15
3.1-3.5 Years 9.00 9.20
3.6-4.0 Years 9.00 9.25
4.1-4.5 Years 9.10 9.25
4.6-5.0 Years 9.20 9.35
5.1-5.5 Years 9.25 9.35
5.6-6.0 Years 9.30 9.40
6.1-6.5 Years 9.30 9.45
6.6-7.0 Years 9.35 9.45
7.1-7.5 Years 9.35 9.45
7.6-8.0 Years 9.40 9.50
8.1-8.5 Years 9.40 9.50
8.6-9.0 Years 9.03 9.07
15 Years 10.50 10.75
20 Years 10.75 11.00
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FIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 8.10 8.30
0.6-1.0 Years 8.40 8.75
1.1-1.5 Years 8.80 8.90
1.6-2.0 Years 9.00 9.15
2.1-2.5 Years 9.00 9.10
2.6-3.0 Years 9.05 9.25
3.1-3.5 Years 9.10 9.30
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 9.40 9.80
3 Months 9.50 10.00
6 Months 9.75 10.25
12 Months 10.25 11.00
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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 8.70-9.00
8-15 Days 8.40-8.75
16-30 Days 8.25-8.40
31-60 Days 8.20-8.30
61-90 Days 8.20-8.30
91-120 Days 8.25-8.35
121-180 Days 8.25-8.40
181-270 Days 8.60-8.75
271-365 Days 8.75-8.80
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Kerb Market FX Rate
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Currency Bid Offer
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USD 60.00 60.05
EUR 71.50 71.70
GBP 105.70 106.00
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