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 22, 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 22.09.2021   VALUE 22.09.2021
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For  3 months and over but less than
     6 months          -0.1246% PA            0.6254% PA
For  6 months and over but less than
    12 Months          -0.0975% PA            0.6525% PA
For 12 months          -0.0239% PA            0.8511% PA
For  2 Years           -0.0239% PA            1.3511% PA
For  3 Years           -0.0239% PA            1.6011% PA
For  4 years           -0.0239% PA            1.8511% PA
For  5 years           -0.0239% PA            1.9761% PA
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POUND STERLING       VALUE 22.09.2021   VALUE 22.09.2021
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For  3 months and over but less than
     6 Months          -0.1781% PA            0.5719% PA
For  6 months and over but less than
    12 months          -0.1373% PA            0.6128% PA
For 12 Months           0.0116% PA            0.8866% PA
For  2 Years            0.0116% PA            1.3866% PA
For  3 Years            0.0116% PA            1.6366% PA
For  4 years            0.0116% PA            1.8866% PA
For  5 years            0.0116% PA            2.0116% PA
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EURO                 VALUE 22.09.2021   VALUE 22.09.2021
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For  3 months and over but less than
     6 months           0.3099% PA            1.0599% PA
For  6 months and over but less than
    12 months           0.2896% PA            1.0396% PA
For 12 Months           0.2451% PA            1.1201% PA
For  2 Years            0.2451% PA            1.6201% PA
For  3 Years            0.2451% PA            1.8701% PA
For  4 years            0.2451% PA            2.1201% PA
For  5 years            0.2451% PA            2.2451% PA
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JAPANESE YEN         VALUE 22.09.2021   VALUE 22.09.2021
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For  3 months and over but less than
     6 months           0.1690% PA            0.5810% PA
For  6 months and over but less than
    12 months           0.1893% PA            0.5607% PA
For 12 Months           0.1860% PA            0.6890% PA
For  2 Years            0.1860% PA            1.1890% PA
For  3 Years            0.1860% PA            1.4390% PA
For  4 Years            0.1860% PA            1.6890% PA
For  5 years            0.1860% PA            1.8140% PA
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Copyright Business Recorder, 2021