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 Tuesday (October 12, 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 12.10.2021   VALUE 12.10.2021
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For  3 months and over but less than
     6 months          -0.1264% PA            0.6236% PA
For  6 months and over but less than
    12 Months          -0.0941% PA            0.6559% PA
For 12 months          -0.0069% PA            0.8681% PA
For  2 Years           -0.0069% PA            1.3681% PA
For  3 Years           -0.0069% PA            1.6181% PA
For  4 years           -0.0069% PA            1.8681% PA
For  5 years           -0.0069% PA            1.9931% PA
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POUND STERLING       VALUE 12.10.2021   VALUE 12.10.2021
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For  3 months and over but less than
     6 Months          -0.1598% PA            0.5903% PA
For  6 months and over but less than
    12 months          -0.0583% PA            0.6918% PA
For 12 Months           0.1995% PA            1.0745% PA
For  2 Years            0.1995% PA            1.5745% PA
For  3 Years            0.1995% PA            1.8245% PA
For  4 years            0.1995% PA            2.0745% PA
For  5 years            0.1995% PA            2.1995% PA
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EURO                 VALUE 12.10.2021   VALUE 12.10.2021
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For  3 months and over but less than
     6 months           0.3184% PA            1.0684% PA
For  6 months and over but less than
    12 months           0.2887% PA            1.0387% PA
For 12 Months           0.2354% PA            1.1104% PA
For  2 Years            0.2354% PA            1.6104% PA
For  3 Years            0.2354% PA            1.8604% PA
For  4 years            0.2354% PA            2.1104% PA
For  5 years            0.2354% PA            2.2354% PA
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JAPANESE YEN         VALUE 12.10.2021   VALUE 12.10.2021
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For  3 months and over but less than
     6 months           0.1705% PA            0.5795% PA
For  6 months and over but less than
    12 months           0.2063% PA            0.5437% 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