Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Committee, c/o ANZ Grindlays Bank Ltd, on Thursday (September 17, 2020).

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INTEREST PAYABLE ON FE DEPOSITS
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                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
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U.S. DOLLARS         VALUE 17.09.2020   VALUE 17.09.2020
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For  3 months and over but less than
     6 months          -0.0039% PA            0.7461% PA
For  6 months and over but less than
    12 Months           0.0233% PA            0.7733% PA
For 12 months           0.1358% PA            1.0108% PA
For  2 Years            0.1358% PA            1.5108% PA
For  3 Years            0.1358% PA            1.7608% PA
For  4 years            0.1358% PA            2.0108% PA
For  5 years            0.1358% PA            2.1358% PA
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POUND STERLING       VALUE 17.09.2020   VALUE 17.09.2020
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For  3 months and over but less than
     6 Months          -0.1909% PA            0.5591% PA
For  6 months and over but less than
    12 months          -0.1660% PA            0.5840% PA
For 12 Months          -0.0831% PA            0.7919% PA
For  2 Years           -0.0831% PA            1.2919% PA
For  3 Years           -0.0831% PA            1.5419% PA
For  4 years           -0.0831% PA            1.7919% PA
For  5 years           -0.0831% PA            1.9169% PA
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EURO                 VALUE 17.09.2020   VALUE 17.09.2020
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For  3 months and over but less than
     6 months           0.2631% PA            1.0131% PA
For  6 months and over but less than
    12 months           0.2413% PA            0.9913% PA
For 12 Months           0.1747% PA            1.0497% PA
For  2 Years            0.1747% PA            1.5497% PA
For  3 Years            0.1747% PA            1.7997% PA
For  4 years            0.1747% PA            2.0497% PA
For  5 years            0.1747% PA            2.1747% PA
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JAPANESE YEN         VALUE 17.09.2020   VALUE 17.09.2020
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For  3 months and over but less than
     6 months           0.1525% PA            0.5975% PA
For  6 months and over but less than
    12 months           0.1922% PA            0.5578% PA
For 12 Months           0.1693% PA            0.7057% PA
For  2 Years            0.1693% PA            1.2057% PA
For  3 Years            0.1693% PA            1.4557% PA
For  4 Years            0.1693% PA            1.7057% PA
For  5 years            0.1693% PA            1.8307% PA
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Copyright Business Recorder, 2020