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 (September 3, 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 03.09.2021   VALUE 03.09.2021
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For  3 months and over but less than
     6 months           0.1311% PA            0.6189% PA
For  6 months and over but less than
    12 Months           0.0981% PA            0.6519% PA
For 12 months          -0.0224% PA            0.8526% PA
For  2 Years           -0.0224% PA            1.3526% PA
For  3 Years           -0.0224% PA            1.6026% PA
For  4 years           -0.0224% PA            1.8526% PA
For  5 years           -0.0224% PA            1.9776% PA
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POUND STERLING       VALUE 03.09.2021   VALUE 03.09.2021
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For  3 months and over but less than
     6 Months           0.1831% PA            0.5669% PA
For  6 months and over but less than
    12 months           0.1496% PA            0.6004% PA
For 12 Months           0.0283% PA            0.8468% PA
For  2 Years            0.0283% PA            1.3468% PA
For  3 Years            0.0283% PA            1.5968% PA
For  4 years            0.0283% PA            1.8468% PA
For  5 years            0.0283% PA            1.9718% PA
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EURO                 VALUE 03.09.2021   VALUE 03.09.2021
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For  3 months and over but less than
     6 months           0.3154% PA            1.0654% PA
For  6 months and over but less than
    12 months           0.2907% PA            1.0407% PA
For 12 Months           0.2454% PA            1.1204% PA
For  2 Years            0.2454% PA            1.6204% PA
For  3 Years            0.2454% PA            1.8704% PA
For  4 years            0.2454% PA            2.1204% PA
For  5 years            0.2454% PA            2.2454% PA
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JAPANESE YEN         VALUE 03.09.2021   VALUE 03.09.2021
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For  3 months and over but less than
     6 months          -0.1552% PA            0.5948% PA
For  6 months and over but less than
    12 months          -0.1690% PA            0.5810% PA
For 12 Months          -0.1938% PA            0.6812% PA
For  2 Years           -0.1938% PA            1.1812% PA
For  3 Years           -0.1938% PA            1.4312% PA
For  4 Years           -0.1938% PA            1.6812% PA
For  5 years           -0.1938% PA            1.8062% PA
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Copyright Business Recorder, 2021