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 Monday (October 4, 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 04.10.2021   VALUE 04.10.2021
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For  3 months and over but less than
     6 months          -0.1199% PA            0.6301% PA
For  6 months and over but less than
    12 Months          -0.0915% PA            0.6585% PA
For 12 months          -0.0134% PA            0.8616% PA
For  2 Years           -0.0134% PA            1.3616% PA
For  3 Years           -0.0134% PA            1.6116% PA
For  4 years           -0.0134% PA            1.8616% PA
For  5 years           -0.0134% PA            1.9866% PA
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POUND STERLING       VALUE 04.10.2021   VALUE 04.10.2021
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For  3 months and over but less than
     6 Months          -0.1681% PA            0.5819% PA
For  6 months and over but less than
    12 months          -0.0754% PA            0.6746% PA
For 12 Months           0.1253% PA            1.0003% PA
For  2 Years            0.1253% PA            1.5003% PA
For  3 Years            0.1253% PA            1.7503% PA
For  4 years            0.1253% PA            2.0003% PA
For  5 years            0.1253% PA            2.1253% PA
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EURO                 VALUE 04.10.2021   VALUE 04.10.2021
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For  3 months and over but less than
     6 months           0.3134% PA            1.0634% PA
For  6 months and over but less than
    12 months           0.2843% PA            1.0343% PA
For 12 Months           0.2393% PA            1.1143% PA
For  2 Years            0.2393% PA            1.6143% PA
For  3 Years            0.2393% PA            1.8643% PA
For  4 years            0.2393% PA            2.1143% PA
For  5 years            0.2393% PA            2.2393% PA
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JAPANESE YEN         VALUE 04.10.2021   VALUE 04.10.2021
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For  3 months and over but less than
     6 months           0.1708% PA            0.5792% PA
For  6 months and over but less than
    12 months           0.2065% PA            0.5435% PA
For 12 Months           0.1845% PA            0.6905% PA
For  2 Years            0.1845% PA            1.1905% PA
For  3 Years            0.1845% PA            1.4405% PA
For  4 Years            0.1845% PA            1.6905% PA
For  5 years            0.1845% PA            1.8155% PA
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Copyright Business Recorder, 2021