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 (October 7, 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 07.10.2021   VALUE 07.10.2021
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For  3 months and over but less than
     6 months          -0.1260% PA            0.6240% PA
For  6 months and over but less than
    12 Months          -0.0949% PA            0.6551% PA
For 12 months          -0.0131% PA            0.8619% PA
For  2 Years           -0.0131% PA            1.3619% PA
For  3 Years           -0.0131% PA            1.6119% PA
For  4 years           -0.0131% PA            1.8619% PA
For  5 years           -0.0131% PA            1.9869% PA
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POUND STERLING       VALUE 07.10.2021   VALUE 07.10.2021
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For  3 months and over but less than
     6 Months          -0.1675% PA            0.5825% PA
For  6 months and over but less than
    12 months          -0.0864% PA            0.6636% PA
For 12 Months           0.1231% PA            0.9981% PA
For  2 Years            0.1231% PA            1.4981% PA
For  3 Years            0.1231% PA            1.7481% PA
For  4 years            0.1231% PA            1.9981% PA
For  5 years            0.1231% PA            2.1231% PA
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EURO                 VALUE 07.10.2021   VALUE 07.10.2021
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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           0.2844% PA            1.0344% PA
For 12 Months           0.2414% PA            1.1164% PA
For  2 Years            0.2414% PA            1.6164% PA
For  3 Years            0.2414% PA            1.8664% PA
For  4 years            0.2414% PA            2.1164% PA
For  5 years            0.2414% PA            2.2414% PA
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JAPANESE YEN         VALUE 07.10.2021   VALUE 07.10.2021
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For  3 months and over but less than
     6 months           0.1697% PA            0.5803% PA
For  6 months and over but less than
    12 months           0.2072% PA            0.5428% PA
For 12 Months           0.1840% PA            0.6910% PA
For  2 Years            0.1840% PA            1.1910% PA
For  3 Years            0.1840% PA            1.4410% PA
For  4 Years            0.1840% PA            1.6910% PA
For  5 years            0.1840% PA            1.8160% PA
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Copyright Business Recorder, 2021