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 Friday (November 13, 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 13.11.2020   VALUE 13.11.2020
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For  3 months and over but less than
     6 months          -0.0294% PA            0.7206% PA
For  6 months and over but less than
    12 Months          -0.0039% PA            0.7461% PA
For 12 months           0.0919% PA            0.9669% PA
For  2 Years            0.0919% PA            1.4669% PA
For  3 Years            0.0919% PA            1.7169% PA
For  4 years            0.0919% PA            1.9669% PA
For  5 years            0.0919% PA            2.0919% PA
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POUND STERLING       VALUE 13.11.2020   VALUE 13.11.2020
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For  3 months and over but less than
     6 Months          -0.2055% PA            0.5445% PA
For  6 months and over but less than
    12 months          -0.1799% PA            0.5701% PA
For 12 Months          -0.1076% PA            0.7674% PA
For  2 Years           -0.1076% PA            1.2674% PA
For  3 Years           -0.1076% PA            1.5174% PA
For  4 years           -0.1076% PA            1.7674% PA
For  5 years           -0.1076% PA            1.8924% PA
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EURO                 VALUE 13.11.2020   VALUE 13.11.2020
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For  3 months and over but less than
     6 months           0.2886% PA            1.0386% PA
For  6 months and over but less than
    12 months           0.2664% PA            1.0164% PA
For 12 Months           0.2034% PA            1.0784% PA
For  2 Years            0.2034% PA            1.5784% PA
For  3 Years            0.2034% PA            1.8284% PA
For  4 years            0.2034% PA            2.0784% PA
For  5 years            0.2034% PA            2.2034% PA
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JAPANESE YEN         VALUE 13.11.2020   VALUE 13.11.2020
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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           0.1845% PA            0.5655% PA
For 12 Months           0.2028% PA            0.6722% PA
For  2 Years            0.2028% PA            1.1722% PA
For  3 Years            0.2028% PA            1.4222% PA
For  4 Years            0.2028% PA            1.6722% PA
For  5 years            0.2028% PA            1.7972% PA
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Copyright Business Recorder, 2020