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 Monday (February 1, 2021).

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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 01.02.2021   VALUE 01.02.2021
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For  3 months and over but less than
     6 months          -0.0450% PA            0.7050% PA
For  6 months and over but less than
    12 Months          -0.0299% PA            0.7201% PA
For 12 months           0.0608% PA            0.9358% PA
For  2 Years            0.0608% PA            1.4358% PA
For  3 Years            0.0608% PA            1.6858% PA
For  4 years            0.0608% PA            1.9358% PA
For  5 years            0.0608% PA            2.0608% PA
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POUND STERLING       VALUE 01.02.2021   VALUE 01.02.2021
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For  3 months and over but less than
     6 Months          -0.2128% PA            0.5373% PA
For  6 months and over but less than
    12 months          -0.2065% PA            0.5435% PA
For 12 Months          -0.1713% PA            0.7038% PA
For  2 Years           -0.1713% PA            1.2038% PA
For  3 Years           -0.1713% PA            1.4538% PA
For  4 years           -0.1713% PA            1.7038% PA
For  5 years           -0.1713% PA            1.8288% PA
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EURO                 VALUE 01.02.2021   VALUE 01.02.2021
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For  3 months and over but less than
     6 months           0.2933% PA            1.0433% PA
For  6 months and over but less than
    12 months           0.2886% PA            1.0386% PA
For 12 Months           0.2570% PA            1.1320% PA
For  2 Years            0.2570% PA            1.6320% PA
For  3 Years            0.2570% PA            1.8820% PA
For  4 years            0.2570% PA            2.1320% PA
For  5 years            0.2570% PA            2.2570% PA
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JAPANESE YEN         VALUE 01.02.2021   VALUE 01.02.2021
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For  3 months and over but less than
     6 months           0.1545% PA            0.5955% PA
For  6 months and over but less than
    12 months           0.1800% PA            0.5700% PA
For 12 Months           0.2078% PA            0.6672% PA
For  2 Years            0.2078% PA            1.1672% PA
For  3 Years            0.2078% PA            1.4172% PA
For  4 Years            0.2078% PA            1.6672% PA
For  5 years            0.2078% PA            1.7922% PA
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Copyright Business Recorder, 2021