Question: 4 Citi Bank in a short position, therefore Citi has done deal on spot-a-month for Rs 250 million with HBL Other information given below: ( /5) Issue Date 25-Sep-2019 Maturity Date 24-Sep-2020 Trade Date 02-MAR-2020 ( Thursday ) MTM (PKRV) Given last page Repo Rate 8.25/50 Calculate: Find First & second Price (P1 & P2) & also in rupees, Deal / Days to Maturity, which bank involve in Repo & Reverse Repo Transaction? Question: 5 UBL bank quote 12.56/52% for 150 million PIB 10 years to Askari Bank for forward 60 days Askari bank yours to UBL. Other Information given below: ( /5) Issue Date 03-Sep-2013 Maturity Date 03-Sep-2023 Trade Date 25-April-2020 Coupon Rate 11.00% semi annually CALCULATE: 1. Who will buy bond & at what rate 2. Accrued Days 3. Accrued Interest Amount 4. Clean Price 5. Dirty Price 6. Total Amount Question: 6. Dealer lent PKR 15,000,000 at 11.50% for 11 months (335 days) and forward rate (effective rate) for 4*11 (215 days) is 12.35% ( /10) Required: 1. What is your current borrowing rate for 4 months 2. How could you hedge your position 3. If the market is quoting 11.50/75 for 4vs11 at what rate will you deal. 4. If currently 6 month Kibor is 12% and 7 month Kibor is 12.50%, after 4month 6 Month Kibor is 11.25%, and 7 month Kibor is 10.50%. How much FRA buyer & seller pay/receive. 5. What would be overall approximate profit & loss position of dealer after 4 Month

PKRV Rates 0-7days 6.38 8-15days 6.47 16-30days 6.48 31-60days 6.48 61-90days 6.48 91-120days 6.49 121-180days 6.49 181-270days 6.54 271-365days 6.55