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 (October 6, 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 06.10.2021   VALUE 06.10.2021
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For  3 months and over but less than
     6 months          -0.1234% PA            0.6266% PA
For  6 months and over but less than
    12 Months          -0.0945% PA            0.6555% PA
For 12 months          -0.0180% PA            0.8570% PA
For  2 Years           -0.0180% PA            1.3570% PA
For  3 Years           -0.0180% PA            1.6070% PA
For  4 years           -0.0180% PA            1.8570% PA
For  5 years           -0.0180% PA            1.9820% PA
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POUND STERLING       VALUE 06.10.2021   VALUE 06.10.2021
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For  3 months and over but less than
     6 Months          -0.1670% PA            0.5830% PA
For  6 months and over but less than
    12 months          -0.0840% PA            0.6660% PA
For 12 Months           0.1224% PA            0.9974% PA
For  2 Years            0.1224% PA            1.4974% PA
For  3 Years            0.1224% PA            1.7474% PA
For  4 years            0.1224% PA            1.9974% PA
For  5 years            0.1224% PA            2.1224% PA
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EURO                 VALUE 06.10.2021   VALUE 06.10.2021
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For  3 months and over but less than
     6 months           0.3160% PA            1.0660% PA
For  6 months and over but less than
    12 months           0.2879% PA            1.0379% PA
For 12 Months           0.2390% PA            1.1140% PA
For  2 Years            0.2390% PA            1.6140% PA
For  3 Years            0.2390% PA            1.8640% PA
For  4 years            0.2390% PA            2.1140% PA
For  5 years            0.2390% PA            2.2390% PA
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JAPANESE YEN         VALUE 06.10.2021   VALUE 06.10.2021
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For  3 months and over but less than
     6 months           0.1703% PA            0.5797% PA
For  6 months and over but less than
    12 months           0.2085% PA            0.5415% PA
For 12 Months           0.1818% PA            0.6932% PA
For  2 Years            0.1818% PA            1.1932% PA
For  3 Years            0.1818% PA            1.4432% PA
For  4 Years            0.1818% PA            1.6932% PA
For  5 years            0.1818% PA            1.8182% PA
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Copyright Business Recorder, 2021