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 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 17.11.2020   VALUE 17.11.2020
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For  3 months and over but less than
     6 months          -0.0280% PA            0.7220% PA
For  6 months and over but less than
    12 Months          -0.0040% PA            0.7460% PA
For 12 months           0.0894% PA            0.9644% PA
For  2 Years            0.0894% PA            1.4644% PA
For  3 Years            0.0894% PA            1.7144% PA
For  4 years            0.0894% PA            1.9644% PA
For  5 years            0.0894% PA            2.0894% PA
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POUND STERLING       VALUE 17.11.2020   VALUE 17.11.2020
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For  3 months and over but less than
     6 Months          -0.2036% PA            0.5464% PA
For  6 months and over but less than
    12 months          -0.1833% PA            0.5668% PA
For 12 Months          -0.1140% PA            0.7610% PA
For  2 Years           -0.1140% PA            1.2610% PA
For  3 Years           -0.1140% PA            1.5110% PA
For  4 years           -0.1140% PA            1.7610% PA
For  5 years           -0.1140% PA            1.8860% PA
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EURO                 VALUE 17.11.2020   VALUE 17.11.2020
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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           0.2621% PA            1.0121% PA
For 12 Months           0.2059% PA            1.0809% PA
For  2 Years            0.2059% PA            1.5809% PA
For  3 Years            0.2059% PA            1.8309% PA
For  4 years            0.2059% PA            2.0809% PA
For  5 years            0.2059% PA            2.2059% PA
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JAPANESE YEN         VALUE 17.11.2020   VALUE 17.11.2020
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For  3 months and over but less than
     6 months           0.1477% PA            0.6023% PA
For  6 months and over but less than
    12 months           0.1882% PA            0.5618% PA
For 12 Months           0.2000% PA            0.6750% PA
For  2 Years            0.2000% PA            1.1750% PA
For  3 Years            0.2000% PA            1.4250% PA
For  4 Years            0.2000% PA            1.6750% PA
For  5 years            0.2000% PA            1.8000% PA
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Copyright Business Recorder, 2020