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 30, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 30-07-2020   VALUE 30-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0183% PA            0.7683% PA
For  6 months and over but less than
    12 Months           0.0675% PA            0.8175% PA
For 12 months           0.2105% PA            1.0855% PA
For  2 Years            0.2105% PA            1.5855% PA
For  3 Years            0.2105% PA            1.8355% PA
For  4 years            0.2105% PA            2.0855% PA
For  5 years            0.2105% PA            2.2105% PA
--------------------------------------------------------
POUND STERLING       VALUE 30-07-2020   VALUE 30-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1581% PA            0.5919% PA
For  6 months and over but less than
    12 months          -0.0768% PA            0.6733% PA
For 12 Months           0.0636% PA            0.9386% PA
For  2 Years            0.0636% PA            1.4386% PA
For  3 Years            0.0636% PA            1.6886% PA
For  4 years            0.0636% PA            1.9386% PA
For  5 years            0.0636% PA            2.0636% PA
--------------------------------------------------------
EURO                 VALUE 30-07-2020   VALUE 30-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1957% PA            0.9457% PA
For  6 months and over but less than
    12 months           0.1720% PA            0.9220% PA
For 12 Months           0.0639% PA            0.9389% PA
For  2 Years            0.0639% PA            1.4389% PA
For  3 Years            0.0639% PA            1.6889% PA
For  4 years            0.0639% PA            1.9389% PA
For  5 years            0.0639% PA            2.0639% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 30-07-2020   VALUE 30-07-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1893% PA            0.5607% PA
For  6 months and over but less than
    12 months           0.2168% PA            0.5332% PA
For 12 Months           0.1497% PA            0.7253% PA
For  2 Years            0.1497% PA            1.2253% PA
For  3 Years            0.1497% PA            1.4753% PA
For  4 Years            0.1497% PA            1.7253% PA
For  5 years            0.1497% PA            1.8503% PA
========================================================

Copyright Business Recorder, 2020