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 Tuesday (November 10, 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 10.11.2020   VALUE 10.11.2020
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For  3 months and over but less than
     6 months          -0.0441% PA            0.7059% PA
For  6 months and over but less than
    12 Months          -0.0066% PA            0.7434% PA
For 12 months           0.0834% PA            0.9584% PA
For  2 Years            0.0834% PA            1.4584% PA
For  3 Years            0.0834% PA            1.7084% PA
For  4 years            0.0834% PA            1.9584% PA
For  5 years            0.0834% PA            2.0834% PA
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POUND STERLING       VALUE 10.11.2020   VALUE 10.11.2020
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For  3 months and over but less than
     6 Months          -0.2054% PA            0.5446% PA
For  6 months and over but less than
    12 months          -0.1844% PA            0.5656% PA
For 12 Months          -0.1275% PA            0.7475% PA
For  2 Years           -0.1275% PA            1.2475% PA
For  3 Years           -0.1275% PA            1.4975% PA
For  4 years           -0.1275% PA            1.7475% PA
For  5 years           -0.1275% PA            1.8725% PA
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EURO                 VALUE 10.11.2020   VALUE 10.11.2020
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For  3 months and over but less than
     6 months           0.2884% PA            1.0384% PA
For  6 months and over but less than
    12 months           0.2740% PA            1.0240% PA
For 12 Months           0.2214% PA            1.0964% PA
For  2 Years            0.2214% PA            1.5964% PA
For  3 Years            0.2214% PA            1.8464% PA
For  4 years            0.2214% PA            2.0964% PA
For  5 years            0.2214% PA            2.2214% PA
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JAPANESE YEN         VALUE 10.11.2020   VALUE 10.11.2020
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For  3 months and over but less than
     6 months           0.1478% PA            0.6022% PA
For  6 months and over but less than
    12 months           0.1880% PA            0.5620% PA
For 12 Months           0.2048% PA            0.6702% PA
For  2 Years            0.2048% PA            1.1702% PA
For  3 Years            0.2048% PA            1.4202% PA
For  4 Years            0.2048% PA            1.6702% PA
For  5 years            0.2048% PA            1.7952% PA
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Copyright Business Recorder, 2020