DAILY MONEY MARKET COMMENTS: The interbank market initiated at the top level of 9.40%. SBP reported discounting of Rs31.4bn previous day. Market remained unchanged throughout the day and also closed at the same level. We are expecting discounting from SBP at the day end.
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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 9.40 9.40 9.40 9.40 9.40
1-Week 9.20 9.40 9.35 9.40 9.34
2-Week 9.10 9.35 9.25 9.40 9.28
1-Month 9.05 9.30 9.25 9.35 9.24
2-Months 9.00 9.30 9.30 9.40 9.25
3-Months 9.00 9.25 9.25 9.30 9.20
4-Months 9.00 9.25 9.25 9.30 9.20
5-Months 9.10 9.30 9.25 9.35 9.25
6-Months 9.10 9.30 9.30 9.35 9.26
9-Months 9.15 9.30 9.30 9.40 9.29
1-Year 9.15 9.35 9.35 9.40 9.31
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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 9.40 9.45 9.40 9.50 9.44
1-Week 9.30 9.40 9.40 9.50 9.40
2-Week 9.15 9.40 9.35 9.50 9.35
1-Month 9.20 9.40 9.35 9.45 9.35
2-Months 9.20 9.40 9.30 9.45 9.34
3-Months 9.20 9.45 9.30 9.50 9.36
4-Months 9.20 9.45 9.35 9.50 9.38
5-Months 9.20 9.45 9.35 9.50 9.38
6-Months 9.20 9.50 9.35 9.55 9.40
9-Months 9.25 9.50 9.40 9.60 9.44
1-Year 9.30 9.60 9.40 9.70 9.50
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PIB Secondary Market Data
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Maturity Yield Range
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0.1-0.5 Years 9.30 9.40
0.6-1.0 Years 9.40 9.45
1.1-1.5 Years 9.90 10.00
1.6-2.0 Years 10.20 10.25
2.1-2.5 Years 10.25 10.30
2.6-3.0 Years 10.40 10.45
3.1-3.5 Years 10.85 10.90
3.6-4.0 Years 10.90 10.95
4.1-4.5 Years 10.95 11.00
4.6-5.0 Years 10.96 11.00
5.1-5.5 Years 11.15 11.20
5.6-6.0 Years 11.25 11.30
6.1-6.5 Years 11.30 11.35
6.6-7.0 Years 11.35 11.40
7.1-7.5 Years 11.40 11.45
7.6-8.0 Years 11.45 11.50
8.1-8.5 Years 11.50 11.55
8.6-9.0 Years 11.52 11.56
9.1-9.5 Years 11.52 11.56
9.5-10.0 Years 11.50 11.55
15 Years 12.10 12.15
20 Years 12.15 12.20
30 Years 12.20 12.25
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Clean Deposit Market
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Tenor Range (% p a)
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1 Month 9.60 9.90
3 Months 9.50 9.75
6 Months 9.60 9.80
12 Months 9.75 10.00
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T-Bill Secondary Market Data
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3 Months, 6 Months &
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12 Months Instruments
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Days to Maturity Yield Range %
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0-7 Days 9.35 9.40
8-15 Days 9.30 9.35
16-30 Days 9.28 9.32
31-60 Days 9.25 9.27
61-90 Days 9.24 9.27
91-120 Days 9.25 9.27
121-180 Days 9.24 9.27
181-270 Days 9.33 9.38
271-365 Days 9.35 9.39
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Kerb Market FX Rate
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Currency Bid Offer
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USD 98.00 98.50
EUR 129.00 130.00
GBP 159.00 160.00
JPY 1.17 1.20
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