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 (July 7, 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 07-07-2020   VALUE 07-07-2020
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For  3 months and over but less than
     6 months           0.0259% PA            0.7759% PA
For  6 months and over but less than
    12 Months           0.1163% PA            0.8663% PA
For 12 months           0.2556% PA            1.1306% PA
For  2 Years            0.2556% PA            1.6306% PA
For  3 Years            0.2556% PA            1.8806% PA
For  4 years            0.2556% PA            2.1306% PA
For  5 years            0.2556% PA            2.2556% PA
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POUND STERLING       VALUE 07-07-2020   VALUE 07-07-2020
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For  3 months and over but less than
     6 Months          -0.1380% PA            0.6120% PA
For  6 months and over but less than
    12 months           0.0548% PA            0.8048% PA
For 12 Months           0.1716% PA            1.0466% PA
For  2 Years            0.1716% PA            1.5466% PA
For  3 Years            0.1716% PA            1.7966% PA
For  4 years            0.1716% PA            2.0466% PA
For  5 years            0.1716% PA            2.1716% PA
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EURO                 VALUE 07-07-2020   VALUE 07-07-2020
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For  3 months and over but less than
     6 months           0.1733% PA            0.9233% PA
For  6 months and over but less than
    12 months           0.0877% PA            0.8377% PA
For 12 Months          -0.0080% PA            0.8670% PA
For  2 Years           -0.0080% PA            1.3670% PA
For  3 Years           -0.0080% PA            1.6170% PA
For  4 years           -0.0080% PA            1.8670% PA
For  5 years           -0.0080% PA            1.9920% PA
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JAPANESE YEN         VALUE 07-07-2020   VALUE 07-07-2020
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For  3 months and over but less than
     6 months           0.2028% PA            0.5472% PA
For  6 months and over but less than
    12 months           0.2273% PA            0.5227% PA
For 12 Months           0.1420% PA            0.7330% PA
For  2 Years            0.1420% PA            1.2330% PA
For  3 Years            0.1420% PA            1.4830% PA
For  4 Years            0.1420% PA            1.7330% PA
For  5 years            0.1420% PA            1.8580% PA
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Copyright Business Recorder, 2020