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 Thursday (July 23, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 23-07-2020   VALUE 23-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0055% PA            0.7555% PA
For  6 months and over but less than
    12 Months           0.0899% PA            0.8399% PA
For 12 months           0.2144% PA            1.0894% PA
For  2 Years            0.2144% PA            1.5894% PA
For  3 Years            0.2144% PA            1.8394% PA
For  4 years            0.2144% PA            2.0894% PA
For  5 years            0.2144% PA            2.2144% PA
--------------------------------------------------------
POUND STERLING       VALUE 23-07-2020   VALUE 23-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1701% PA            0.5799% PA
For  6 months and over but less than
    12 months          -0.0701% PA            0.6799% PA
For 12 Months           0.0674% PA            0.9424% PA
For  2 Years            0.0674% PA            1.4424% PA
For  3 Years            0.0674% PA            1.6924% PA
For  4 years            0.0674% PA            1.9424% PA
For  5 years            0.0674% PA            2.0674% PA
--------------------------------------------------------
EURO                 VALUE 23-07-2020   VALUE 23-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1950% PA            0.9450% PA
For  6 months and over but less than
    12 months           0.1619% PA            0.9119% PA
For 12 Months           0.0510% PA            0.9260% PA
For  2 Years            0.0510% PA            1.4260% PA
For  3 Years            0.0510% PA            1.6760% PA
For  4 years            0.0510% PA            1.9260% PA
For  5 years            0.0510% PA            2.0510% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 23-07-2020   VALUE 23-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2040% PA            0.5460% PA
For  6 months and over but less than
    12 months           0.2218% PA            0.5282% PA
For 12 Months           0.1498% PA            0.7252% PA
For  2 Years            0.1498% PA            1.2252% PA
For  3 Years            0.1498% PA            1.4752% PA
For  4 Years            0.1498% PA            1.7252% PA
For  5 years            0.1498% PA            1.8502% PA
========================================================

Copyright Business Recorder, 2020