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 (June 30, 2020).

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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 30-06-2020   VALUE 30-06-2020
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For  3 months and over but less than
     6 months           0.0579% PA            0.8079% PA
For  6 months and over but less than
    12 Months           0.1114% PA            0.8614% PA
For 12 months           0.3163% PA            1.1913% PA
For  2 Years            0.3163% PA            1.6913% PA
For  3 Years            0.3163% PA            1.9413% PA
For  4 years            0.3163% PA            2.1913% PA
For  5 years            0.3163% PA            2.3163% PA
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POUND STERLING       VALUE 30-06-2020   VALUE 30-06-2020
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For  3 months and over but less than
     6 Months          -0.1071% PA            0.6429% PA
For  6 months and over but less than
    12 months           0.0401% PA            0.7901% PA
For 12 Months           0.2139% PA            1.0889% PA
For  2 Years            0.2139% PA            1.5889% PA
For  3 Years            0.2139% PA            1.8389% PA
For  4 years            0.2139% PA            2.0889% PA
For  5 years            0.2139% PA            2.2139% PA
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EURO                 VALUE 30-06-2020   VALUE 30-06-2020
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For  3 months and over but less than
     6 months           0.1419% PA            0.8919% PA
For  6 months and over but less than
    12 months           0.0749% PA            0.8249% PA
For 12 Months          -0.0319% PA            0.8431% PA
For  2 Years           -0.0319% PA            1.3431% PA
For  3 Years           -0.0319% PA            1.5931% PA
For  4 years           -0.0319% PA            1.8431% PA
For  5 years           -0.0319% PA            1.9681% PA
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JAPANESE YEN         VALUE 30-06-2020   VALUE 30-06-2020
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For  3 months and over but less than
     6 months           0.2062% PA            0.5438% PA
For  6 months and over but less than
    12 months           0.2375% PA            0.5125% PA
For 12 Months           0.1355% PA            0.7395% PA
For  2 Years            0.1355% PA            1.2395% PA
For  3 Years            0.1355% PA            1.4895% PA
For  4 Years            0.1355% PA            1.7395% PA
For  5 years            0.1355% PA            1.8645% PA
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Copyright Business Recorder, 2020