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 (August 13, 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 13.08.2021   VALUE 13.08.2021
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For  3 months and over but less than
     6 months           0.1288% PA            0.6213% PA
For  6 months and over but less than
    12 Months           0.0926% PA            0.6574% PA
For 12 months          -0.0071% PA            0.8679% PA
For  2 Years           -0.0071% PA            1.3679% PA
For  3 Years           -0.0071% PA            1.6179% PA
For  4 years           -0.0071% PA            1.8679% PA
For  5 years           -0.0071% PA            1.9929% PA
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POUND STERLING       VALUE 13.08.2021   VALUE 13.08.2021
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For  3 months and over but less than
     6 Months           0.1808% PA            0.5693% PA
For  6 months and over but less than
    12 months           0.1551% PA            0.5949% PA
For 12 Months           0.0330% PA            0.8420% PA
For  2 Years            0.0330% PA            1.3420% PA
For  3 Years            0.0330% PA            1.5920% PA
For  4 years            0.0330% PA            1.8420% PA
For  5 years            0.0330% PA            1.9670% PA
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EURO                 VALUE 13.08.2021   VALUE 13.08.2021
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For  3 months and over but less than
     6 months           0.3096% PA            1.0596% PA
For  6 months and over but less than
    12 months           0.2874% PA            1.0374% PA
For 12 Months           0.2507% PA            1.1257% PA
For  2 Years            0.2507% PA            1.6257% PA
For  3 Years            0.2507% PA            1.8757% PA
For  4 years            0.2507% PA            2.1257% PA
For  5 years            0.2507% PA            2.2507% PA
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JAPANESE YEN         VALUE 13.08.2021   VALUE 13.08.2021
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For  3 months and over but less than
     6 months          -0.1497% PA            0.6003% PA
For  6 months and over but less than
    12 months          -0.1888% PA            0.5612% PA
For 12 Months          -0.1950% PA            0.6800% PA
For  2 Years           -0.1950% PA            1.1800% PA
For  3 Years           -0.1950% PA            1.4300% PA
For  4 Years           -0.1950% PA            1.6800% PA
For  5 years           -0.1950% PA            1.8050% PA
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Copyright Business Recorder, 2021