DAILY MONEY MARKET COMMENTS: Today money market rates initiated at the level of 8.50% - 8.90%. However, in clean & call placements the overnight interest rates were at 8.75% - 10.00%. Today money market closed at the level of 8.25-8.50%.
Keeping in view today's interbank market we believe that on Tuesday overnight repo rates would remain at the level of 8.25% - 8.50%.
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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 8.00 8.50 8.40 8.75 8.41
1-Week 7.50 8.25 8.25 8.50 8.13
2-Week 8.00 8.30 8.50 8.60 8.35
1-Month 8.10 8.25 8.30 8.40 8.26
2-Months 8.20 8.30 8.35 8.45 8.33
3-Months 8.25 8.35 8.45 8.50 8.39
4-Months 8.30 8.40 8.40 8.60 8.43
5-Months 8.35 8.45 8.45 8.65 8.48
6-Months 8.35 8.50 8.50 8.70 8.51
9-Months 8.45 8.60 8.55 8.75 8.59
1-Year 8.50 8.60 8.60 8.80 8.63
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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 8.75 9.50 9.00 9.75 9.25
1-Week 8.50 9.00 9.50 9.75 9.19
2-Week 8.50 9.00 9.25 9.60 9.09
1-Month 8.75 9.25 9.50 9.75 9.31
2-Months 9.00 9.50 9.75 9.90 9.54
3-Months 9.00 9.50 9.50 9.85 9.46
4-Months 9.00 9.50 9.35 9.80 9.41
5-Months 8.90 9.60 9.50 10.00 9.50
6-Months 8.95 9.50 9.40 10.15 9.50
9-Months 8.90 9.75 9.50 10.20 9.59
1-Year 9.25 10.00 9.75 10.50 9.88
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 8.35 8.60
0.6-1.0 Years 8.75 8.80
1.1-1.5 Years 8.85 9.05
1.6-2.0 Years 8.90 9.05
2.1-2.5 Years 8.90 9.00
2.6-3.0 Years 9.00 9.05
3.1-3.5 Years 9.00 9.10
3.6-4.0 Years 9.00 9.15
4.1-4.5 Years 9.10 9.25
4.6-5.0 Years 9.10 9.35
5.1-5.5 Years 9.20 9.30
5.6-6.0 Years 9.25 9.35
6.1-6.5 Years 9.30 9.40
6.6-7.0 Years 9.30 9.40
7.1-7.5 Years 9.30 9.40
7.6-8.0 Years 9.30 9.45
8.1-8.5 Years 9.40 9.50
8.6-9.0 Years 9.00 9.05
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 9.10 9.15
3.1-3.5 Years 9.10 9.20
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 9.75 10.00
3 Months 10.00 10.75
6 Months 10.25 11.00
12 Months 10.50 11.50
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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 8.85-9.40
8-15 Days 8.75-9.25
16-30 Days 8.20-8.40
31-60 Days 8.25-8.40
61-90 Days 8.35-8.45
91-120 Days 8.25-8.40
121-180 Days 8.45-8.55
181-270 Days 8.60-8.75
271-365 Days 8.70-8.80
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Kerb Market FX Rate
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Currency Bid Offer
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USD 60.10 60.20
EUR 70.50 70.80
GBP 102.70 103.20
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