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 15, 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 15.09.2021   VALUE 15.09.2021
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For  3 months and over but less than
     6 months          -0.1340% PA            0.6160% PA
For  6 months and over but less than
    12 Months          -0.1014% PA            0.6486% PA
For 12 months          -0.0269% PA            0.8481% PA
For  2 Years           -0.0269% PA            1.3481% PA
For  3 Years           -0.0269% PA            1.5981% PA
For  4 years           -0.0269% PA            1.8481% PA
For  5 years           -0.0269% PA            1.9731% PA
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POUND STERLING       VALUE 15.09.2021   VALUE 15.09.2021
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For  3 months and over but less than
     6 Months          -0.1829% PA            0.5671% PA
For  6 months and over but less than
    12 months          -0.1448% PA            0.6053% PA
For 12 Months          -0.0086% PA            0.8664% PA
For  2 Years           -0.0086% PA            1.3664% PA
For  3 Years           -0.0086% PA            1.6164% PA
For  4 years           -0.0086% PA            1.8664% PA
For  5 years           -0.0086% PA            1.9914% PA
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EURO                 VALUE 15.09.2021   VALUE 15.09.2021
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For  3 months and over but less than
     6 months           0.3149% PA            1.0649% PA
For  6 months and over but less than
    12 months           0.2851% PA            1.0351% PA
For 12 Months           0.2453% PA            1.1203% PA
For  2 Years            0.2453% PA            1.6203% PA
For  3 Years            0.2453% PA            1.8703% PA
For  4 years            0.2453% PA            2.1203% PA
For  5 years            0.2453% PA            2.2453% PA
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JAPANESE YEN         VALUE 15.09.2021   VALUE 15.09.2021
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For  3 months and over but less than
     6 months           0.1603% PA            0.5897% PA
For  6 months and over but less than
    12 months           0.1683% PA            0.5717% PA
For 12 Months           0.1885% PA            0.6865% PA
For  2 Years            0.1885% PA            1.1865% PA
For  3 Years            0.1885% PA            1.4365% PA
For  4 Years            0.1885% PA            1.6865% PA
For  5 years            0.1885% PA            1.8115% PA
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Copyright Business Recorder, 2021