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 Thursday (September 16, 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 16.09.2021   VALUE 16.09.2021
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For  3 months and over but less than
     6 months          -0.1320% PA            0.6180% PA
For  6 months and over but less than
    12 Months          -0.1021% PA            0.6479% PA
For 12 months          -0.0275% PA            0.8475% PA
For  2 Years           -0.0275% PA            1.3475% PA
For  3 Years           -0.0275% PA            1.5975% PA
For  4 years           -0.0275% PA            1.8475% PA
For  5 years           -0.0275% PA            1.9725% PA
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POUND STERLING       VALUE 16.09.2021   VALUE 16.09.2021
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For  3 months and over but less than
     6 Months          -0.1815% PA            0.5685% PA
For  6 months and over but less than
    12 months          -0.1438% PA            0.6063% PA
For 12 Months          -0.0045% PA            0.8705% PA
For  2 Years           -0.0045% PA            1.3705% PA
For  3 Years           -0.0045% PA            1.6205% PA
For  4 years           -0.0045% PA            1.8705% PA
For  5 years           -0.0045% PA            1.9955% PA
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EURO                 VALUE 16.09.2021   VALUE 16.09.2021
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For  3 months and over but less than
     6 months           0.3144% PA            1.0644% PA
For  6 months and over but less than
    12 months           0.2839% PA            1.0339% 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 16.09.2021   VALUE 16.09.2021
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For  3 months and over but less than
     6 months           0.1600% PA            0.5900% PA
For  6 months and over but less than
    12 months           0.1860% PA            0.5640% PA
For 12 Months           0.1887% PA            0.6863% PA
For  2 Years            0.1887% PA            1.1863% PA
For  3 Years            0.1887% PA            1.4363% PA
For  4 Years            0.1887% PA            1.6863% PA
For  5 years            0.1887% PA            1.8113% PA
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Copyright Business Recorder, 2021