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 Wednesday (September 02, 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 02.09.2020   VALUE 02.09.2020
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For  3 months and over but less than
     6 months          -0.0091% PA            0.7409% PA
For  6 months and over but less than
    12 Months           0.0599% PA            0.8099% PA
For 12 months           0.1953% PA            1.0703% PA
For  2 Years            0.1953% PA            1.5703% PA
For  3 Years            0.1953% PA            1.8203% PA
For  4 years            0.1953% PA            2.0703% PA
For  5 years            0.1953% PA            2.1953% PA
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POUND STERLING       VALUE 02.09.2020   VALUE 02.09.2020
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For  3 months and over but less than
     6 Months          -0.1860% PA            0.5640% PA
For  6 months and over but less than
    12 months          -0.1338% PA            0.6163% PA
For 12 Months          -0.0146% PA            0.8604% PA
For  2 Years           -0.0146% PA            1.3604% PA
For  3 Years           -0.0146% PA            1.6104% PA
For  4 years           -0.0146% PA            1.8604% PA
For  5 years           -0.0146% PA            1.9854% PA
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EURO                 VALUE 02.09.2020   VALUE 02.09.2020
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For  3 months and over but less than
     6 months           0.2587% PA            1.0087% PA
For  6 months and over but less than
    12 months           0.2234% PA            0.9734% PA
For 12 Months           0.1210% PA            0.9960% PA
For  2 Years            0.1210% PA            1.4960% PA
For  3 Years            0.1210% PA            1.7460% PA
For  4 years            0.1210% PA            1.9960% PA
For  5 years            0.1210% PA            2.1210% PA
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JAPANESE YEN         VALUE 02.09.2020   VALUE 02.09.2020
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For  3 months and over but less than
     6 months           0.1922% PA            0.5578% PA
For  6 months and over but less than
    12 months           0.2077% PA            0.5423% PA
For 12 Months           0.1470% PA            0.7280% PA
For  2 Years            0.1470% PA            1.2280% PA
For  3 Years            0.1470% PA            1.4780% PA
For  4 Years            0.1470% PA            1.7280% PA
For  5 years            0.1470% PA            1.8530% PA
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Copyright Business Recorder, 2020