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 (February 12, 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 12.02.2021   VALUE 12.02.2021
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For  3 months and over but less than
     6 months          -0.0491% PA            0.7009% PA
For  6 months and over but less than
    12 Months          -0.0420% PA            0.7080% PA
For 12 months           0.0551% PA            0.9301% PA
For  2 Years            0.0551% PA            1.4301% PA
For  3 Years            0.0551% PA            1.6801% PA
For  4 years            0.0551% PA            1.9301% PA
For  5 years            0.0551% PA            2.0551% PA
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POUND STERLING       VALUE 12.02.2021   VALUE 12.02.2021
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For  3 months and over but less than
     6 Months          -0.1993% PA            0.5508% PA
For  6 months and over but less than
    12 months          -0.1784% PA            0.5716% PA
For 12 Months          -0.1279% PA            0.7471% PA
For  2 Years           -0.1279% PA            1.2471% PA
For  3 Years           -0.1279% PA            1.4971% PA
For  4 years           -0.1279% PA            1.7471% PA
For  5 years           -0.1279% PA            1.8721% PA
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EURO                 VALUE 12.02.2021   VALUE 12.02.2021
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For  3 months and over but less than
     6 months           0.2964% PA            1.0464% PA
For  6 months and over but less than
    12 months           0.2906% PA            1.0406% PA
For 12 Months           0.2513% PA            1.1263% PA
For  2 Years            0.2513% PA            1.6263% PA
For  3 Years            0.2513% PA            1.8763% PA
For  4 years            0.2513% PA            2.1263% PA
For  5 years            0.2513% PA            2.2513% PA
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JAPANESE YEN         VALUE 12.02.2021   VALUE 12.02.2021
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For  3 months and over but less than
     6 months           0.1595% PA            0.5905% PA
For  6 months and over but less than
    12 months           0.1972% PA            0.5528% PA
For 12 Months           0.2130% PA            0.6620% PA
For  2 Years            0.2130% PA            1.1620% PA
For  3 Years            0.2130% PA            1.4120% PA
For  4 Years            0.2130% PA            1.6620% PA
For  5 years            0.2130% PA            1.7870% PA
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Copyright Business Recorder, 2021