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 Wednesday (September 8, 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 08.09.2021   VALUE 08.09.2021
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For  3 months and over but less than 
     6 months        -0.1354% PA              0.6146% PA
For  6 months and over but less than 
    12 Months        -0.1013% PA              0.6488% PA
For 12 months        -0.0305% PA              0.8445% PA
For  2 Years         -0.0305% PA              1.3445% PA
For  3 Years         -0.0305% PA              1.5945% PA
For  4 years         -0.0305% PA              1.8445% PA
For  5 years         -0.0305% PA              1.9695% PA
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POUND STERLING       VALUE 08.09.2021   VALUE 08.09.2021
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For  3 months and over but less than 
     6 Months        -0.1896% PA              0.5604% PA
For  6 months and over but less than
    12 months        -0.1516% PA              0.5984% PA
For 12 Months        -0.0335% PA              0.8415% PA
For  2 Years         -0.0335% PA              1.3415% PA
For  3 Years         -0.0335% PA              1.5915% PA
For  4 years         -0.0335% PA              1.8415% PA
For  5 years         -0.0335% PA              1.9665% PA
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EURO                 VALUE 08.09.2021   VALUE 08.09.2021
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For  3 months and over but less than
     6 months        0.3146% PA               1.0646% PA
For  6 months and over but less than
    12 months        0.2889% PA               1.0389% PA
For 12 Months        0.2480% PA               1.1230% PA
For  2 Years         0.2480% PA               1.6230% PA
For  3 Years         0.2480% PA               1.8730% PA
For  4 years         0.2480% PA               2.1230% PA
For  5 years         0.2480% PA               2.2480% PA
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JAPANESE YEN         VALUE 08.09.2021   VALUE 08.09.2021
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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        0.1668% PA               0.5832% PA
For 12 Months        0.1900% PA               0.6850% PA
For  2 Years         0.1900% PA               1.1850% PA
For  3 Years         0.1900% PA               1.4350% PA
For  4 Years         0.1900% PA               1.6850% PA
For  5 years         0.1900% PA               1.8100% PA
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Copyright Business Recorder, 2021