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 (June 11, 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 11.06.2021   VALUE 11.06.2021
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For  3 months and over but less than
     6 months           0.1253% PA            0.6248%PA
For  6 months and over but less than
    12 Months           0.0931% PA            0.6569% PA
For 12 months          -0.0091% PA            0.8659% PA
For  2 Years            0.0091% PA            1.3659% PA
For  3 Years            0.0091% PA            1.6159% PA
For  4 years            0.0091% PA            1.8659% PA
For  5 years            0.0091% PA            2.9909% PA
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POUND STERLING       VALUE 11.06.2021   VALUE 11.06.2021
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For  3 months and over but less than
     6 Months           0.1689% PA            0.5811% PA
For  6 months and over but less than
    12 months           0.1448% PA            0.6053% PA
For 12 Months           0.0845% PA            0.7905% PA
For  2 Years            0.0845% PA            1.2905% PA
For  3 Years            0.0845% PA            1.5405% PA
For  4 years            0.0845% PA            1.7905% PA
For  5 years            0.0845% PA            1.9155% PA
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EURO                 VALUE 11.06.2021   VALUE 11.06.2021
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For  3 months and over but less than
     6 months           0.2979% PA            1.0479% PA
For  6 months and over but less than
    12 months           0.2784% PA            1.0284% PA
For 12 Months           0.2391% PA            1.1141% PA
For  2 Years            0.2391% PA            1.6141% PA
For  3 Years            0.2391% PA            1.8641% PA
For  4 years            0.2391% PA            2.1141% PA
For  5 years            0.2391% PA            2.2391% PA
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JAPANESE YEN         VALUE 11.06.2021   VALUE 11.06.2021
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For  3 months and over but less than
     6 months          -0.1520% PA            0.5980% PA
For  6 months and over but less than
    12 months          -0.1842% PA            0.5658% PA
For 12 Months          -0.2018% PA            0.6732% PA
For  2 Years           -0.2018% PA            1.1732% PA
For  3 Years           -0.2018% PA            1.4232% PA
For  4 Years           -0.2018% PA            1.6732% PA
For  5 years           -0.2018% PA            1.7982% PA
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Copyright Business Recorder, 2021