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 20, 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 20.10.2021   VALUE 20.10.2021
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For  3 months and over but less than
     6 months          -0.1185% PA            0.6315% PA
For  6 months and over but less than
    12 Months          -0.0838% PA            0.6663% PA
For 12 months           0.0521% PA            0.9271% PA
For  2 Years            0.0521% PA            1.4271% PA
For  3 Years            0.0521% PA            1.6771% PA
For  4 years            0.0521% PA            1.9271% PA
For  5 years            0.0521% PA            2.0521% PA
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POUND STERLING       VALUE 20.10.2021   VALUE 20.10.2021
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For  3 months and over but less than
     6 Months          -0.0365% PA            0.7135% PA
For  6 months and over but less than
    12 months           0.1651% PA            0.9151% PA
For 12 Months           0.4633% PA            1.3383% PA
For  2 Years            0.4633% PA            1.8383% PA
For  3 Years            0.4633% PA            2.0883% PA
For  4 years            0.4633% PA            2.3383% PA
For  5 years            0.4633% PA            2.4633% PA
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EURO                 VALUE 20.10.2021   VALUE 20.10.2021
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For  3 months and over but less than
     6 months           0.3199% PA            1.0699% PA
For  6 months and over but less than
    12 months           0.2936% PA            1.0436% PA
For 12 Months           0.2307% PA            1.1057% PA
For  2 Years            0.2307% PA            1.6057% PA
For  3 Years            0.2307% PA            1.8557% PA
For  4 years            0.2307% PA            2.1057% PA
For  5 years            0.2307% PA            2.2307% PA
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JAPANESE YEN         VALUE 20.10.2021   VALUE 20.10.2021
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For  3 months and over but less than
     6 months           0.1643% PA            0.5857% PA
For  6 months and over but less than
    12 months           0.1828% PA            0.5672% PA
For 12 Months           0.1917% PA            0.6833% PA
For  2 Years            0.1917% PA            1.1833% PA
For  3 Years            0.1917% PA            1.4333% PA
For  4 Years            0.1917% PA            1.6833% PA
For  5 years            0.1917% PA            1.8083% PA
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Copyright Business Recorder, 2021