DAILY MONEY MARKET COMMENTS: Today money market rates initiated at the level of 5.50%-7.00%. However, in clean and call placements the overnight interest rates were at 4%-8.00%. Today money market closed at the level of 1.50%.
Keeping in view today's interbank market we believe that on Friday overnight repo rates would remain at the level of 2.00%-3.00%. If no OMO is conducted.
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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 1.50 5.50 3.50 7.00 4.38
1-Week 6.00 7.00 7.00 7.25 6.81
2-Week 6.50 7.50 7.25 8.00 7.31
1-Month 7.25 7.50 7.75 8.00 7.63
2-Months 7.50 7.75 8.00 8.25 7.88
3-Months 7.90 8.10 8.25 8.50 8.19
4-Months 8.10 8.25 8.30 8.40 8.26
5-Months 8.20 8.35 8.40 8.50 8.36
6-Months 8.20 8.35 8.40 8.60 8.39
9-Months 8.40 8.50 8.55 8.60 8.51
1-Year 8.50 8.55 8.60 8.70 8.59
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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 3.00 7.50 4.00 8.00 5.63
1-Week 7.25 8.50 8.00 9.00 8.19
2-Week 7.25 8.25 8.00 9.00 8.13
1-Month 8.50 9.00 9.00 9.75 9.06
2-Months 8.30 8.90 9.00 9.75 8.99
3-Months 8.60 9.25 9.00 9.75 9.15
4-Months 8.75 9.25 9.35 9.50 9.21
5-Months 8.90 9.25 9.25 9.50 9.23
6-Months 9.00 9.25 9.25 9.50 9.25
9-Months 9.00 9.50 9.50 10.00 9.50
1-Year 9.25 10.00 9.75 10.25 9.81
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 8.05 8.45
0.6-1.0 Years 8.35 8.78
1.1-1.5 Years 8.80 8.85
1.6-2.0 Years 8.85 9.00
2.1-2.5 Years 8.85 8.95
2.6-3.0 Years 8.95 9.00
3.1-3.5 Years 9.00 9.10
3.6-4.0 Years 9.00 9.20
4.1-4.5 Years 9.00 9.15
4.6-5.0 Years 9.00 9.15
5.1-5.5 Years 9.05 9.20
5.6-6.0 Years 9.12 9.24
6.1-6.5 Years 9.15 9.20
6.6-7.0 Years 9.20 9.36
7.1-7.5 Years 9.25 9.35
7.6-8.0 Years 9.32 9.40
8.1-8.5 Years 9.35 9.45
8.6-9.0 Years 9.03 9.09
15 Years 10.20 10.40
20 Years 10.70 10.90
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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 8.95 9.10
2.1-2.5 Years 8.95 9.05
2.6-3.0 Years 9.05 9.10
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 10.00 11.00
3 Months 9.75 10.25
6 Months 10.50 11.50
12 Months 10.50 11.25
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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 8.00-8.50
8-15 Days 8.00-8.50
16-30 Days 8.00-8.25
31-60 Days 8.05-8.25
61-90 Days 8.10-8.25
91-120 Days 8.15-8.30
121-180 Days 8.25-8.45
181-270 Days 8.35-8.60
271-365 Days 8.70-8.77
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Kerb Market FX Rate
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Currency Bid Offer
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USD 59.95 60.05
EUR 70.80 71.00
GBP 103.00 103.50
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