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 29, 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 29.09.2021   VALUE 29.09.2021
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For  3 months and over but less than
     6 months          -0.1183% PA            0.6318% PA
For  6 months and over but less than
    12 Months          -0.0950% PA            0.6550% PA
For 12 months          -0.0140% PA            0.8610% PA
For  2 Years           -0.0140% PA            1.3610% PA
For  3 Years           -0.0140% PA            1.6110% PA
For  4 years           -0.0140% PA            1.8610% PA
For  5 years           -0.0140% PA            1.9860% PA
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POUND STERLING       VALUE 29.09.2021   VALUE 29.09.2021
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For  3 months and over but less than
     6 Months          -0.1628% PA            0.5873% PA
For  6 months and over but less than
    12 months          -0.0988% PA            0.6513% PA
For 12 Months           0.0881% PA            0.9631% PA
For  2 Years            0.0881% PA            1.4631% PA
For  3 Years            0.0881% PA            1.7131% PA
For  4 years            0.0881% PA            1.9631% PA
For  5 years            0.0881% PA            2.0881% PA
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EURO                 VALUE 29.09.2021   VALUE 29.09.2021
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For  3 months and over but less than
     6 months           0.3059% PA            1.0559% PA
For  6 months and over but less than
    12 months           0.2856% PA            1.0356% PA
For 12 Months           0.2424% PA            1.1174% PA
For  2 Years            0.2424% PA            1.6174% PA
For  3 Years            0.2424% PA            1.8674% PA
For  4 years            0.2424% PA            2.1174% PA
For  5 years            0.2424% PA            2.2424% PA
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JAPANESE YEN         VALUE 29.09.2021   VALUE 29.09.2021
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For  3 months and over but less than
     6 months           0.1812% PA            0.5688% PA
For  6 months and over but less than
    12 months           0.2043% PA            0.5457% PA
For 12 Months           0.1847% PA            0.6903% PA
For  2 Years            0.1847% PA            1.1903% PA
For  3 Years            0.1847% PA            1.4403% PA
For  4 Years            0.1847% PA            1.6903% PA
For  5 years            0.1847% PA            1.8153% PA
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Copyright Business Recorder, 2021