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 26, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 26.10.2021   VALUE 26.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1251% PA            0.6249% PA
For  6 months and over but less than
    12 Months          -0.0780% PA            0.6720% PA
For 12 months           0.0669% PA            0.9419% PA
For  2 Years            0.0669% PA            1.4419% PA
For  3 Years            0.0669% PA            1.6919% PA
For  4 years            0.0669% PA            1.9419% PA
For  5 years            0.0669% PA            2.0669% PA
--------------------------------------------------------
POUND STERLING       VALUE 26.10.2021   VALUE 26.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.0540% PA            0.6960% PA
For  6 months and over but less than
    12 months           0.1573% PA            0.9073% PA
For 12 Months           0.4726% PA            1.3476% PA
For  2 Years            0.4726% PA            1.8476% PA
For  3 Years            0.4726% PA            2.0976% PA
For  4 years            0.4726% PA            2.3476% PA
For  5 years            0.4726% PA            2.4726% PA
--------------------------------------------------------
EURO                 VALUE 26.10.2021   VALUE 26.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3093% PA            1.0593% PA
For  6 months and over but less than
    12 months           0.2936% PA            1.0436% PA
For 12 Months           0.2293% PA            1.1043% PA
For  2 Years            0.2293% PA            1.6043% PA
For  3 Years            0.2293% PA            1.8543% PA
For  4 years            0.2293% PA            2.1043% PA
For  5 years            0.2293% PA            2.2293% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 26.10.2021   VALUE 26.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1673% PA            0.5827% PA
For  6 months and over but less than
    12 months           0.1850% PA            0.5650% PA
For 12 Months           0.1890% PA            0.6860% PA
For  2 Years            0.1890% PA            1.1860% PA
For  3 Years            0.1890% PA            1.4360% PA
For  4 Years            0.1890% PA            1.6860% PA
For  5 years            0.1890% PA            1.8110% PA
========================================================

Copyright Business Recorder, 2021