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 (September 8, 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 08 09 2020   VALUE 08 09 2020
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For  3 months and over but less than
     6 months          -0.0005% PA            0.7495% PA
For  6 months and over but less than
    12 Months           0.0373% PA            0.7873% PA
For 12 months           0.1763% PA            1.0513% PA
For  2 Years            0.1763% PA            1.5513% PA
For  3 Years            0.1763% PA            1.8013% PA
For  4 years            0.1763% PA            2.0513% PA
For  5 years            0.1763% PA            2.1763% PA
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POUND STERLING       VALUE 08-09 2020   VALUE 08 09 2020
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For  3 months and over but less than
     6 Months          -0.1833% PA            0.5668% PA
For  6 months and over but less than
    12 months          -0.1276% PA            0.6224% PA
For 12 Months          -0.0309% PA            0.8441% PA
For  2 Years           -0.0309% PA            1.3441% PA
For  3 Years           -0.0309% PA            1.5941% PA
For  4 years           -0.0309% PA            1.8441% PA
For  5 years           -0.0309% PA            1.9691% PA
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EURO                 VALUE 08 09 2020   VALUE 08 09 2020
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For  3 months and over but less than
     6 months           0.2567% PA            1.0067% PA
For  6 months and over but less than
    12 months           0.2353% PA            0.9853% PA
For 12 Months           0.1479% PA            1.0229% PA
For  2 Years            0.1479% PA            1.5229% PA
For  3 Years            0.1479% PA            1.7729% PA
For  4 years            0.1479% PA            2.0229% PA
For  5 years            0.1479% PA            2.1479% PA
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JAPANESE YEN         VALUE 08 09 2020   VALUE 08 09 2020
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For  3 months and over but less than
     6 months           0.1738% PA            0.5762% PA
For  6 months and over but less than
    12 months           0.2048% PA            0.5452% PA
For 12 Months           0.1590% PA            0.7160% PA
For  2 Years            0.1590% PA            1.2160% PA
For  3 Years            0.1590% PA            1.4660% PA
For  4 Years            0.1590% PA            1.7160% PA
For  5 years            0.1590% PA            1.8410% PA
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Copyright Business Recorder, 2020