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 Monday (September 14, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 14.09.2020   VALUE 14.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0009% PA            0.7491% PA
For  6 months and over but less than
    12 Months           0.1641% PA            0.7849% PA
For 12 months           0.1641% PA            1.0391% PA
For  2 Years            0.1641% PA            1.5391% PA
For  3 Years            0.1641% PA            1.7891% PA
For  4 years            0.1641% PA            2.0391% PA
For  5 years            0.1641% PA            2.1641% PA
--------------------------------------------------------
POUND STERLING       VALUE 14.09.2020   VALUE 14.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1905% PA            0.5593% PA
For  6 months and over but less than
    12 months          -0.1591% PA            0.5933% PA
For 12 Months          -0.0703% PA            0.8048% PA
For  2 Years           -0.0703% PA            1.3048% PA
For  3 Years           -0.0703% PA            1.5548% PA
For  4 years           -0.0703% PA            1.8048% PA
For  5 years           -0.0703% PA            1.9248% PA
--------------------------------------------------------
EURO                 VALUE 14.09.2020   VALUE 14.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2620% PA            1.0120% PA
For  6 months and over but less than
    12 months           0.2376% PA            0.9876% PA
For 12 Months           0.1629% PA            1.0379% PA
For  2 Years            0.1629% PA            1.5379% PA
For  3 Years            0.1629% PA            1.7879% PA
For  4 years            0.1629% PA            2.0379% PA
For  5 years            0.1629% PA            2.1629% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 14.09.2020   VALUE 14.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1565% PA            0.5935% PA
For  6 months and over but less than
    12 months           0.1967% PA            0.5533% PA
For 12 Months           0.1683% PA            0.7072% PA
For  2 Years            0.1683% PA            1.2067% PA
For  3 Years            0.1683% PA            1.4567% PA
For  4 Years            0.1683% PA            1.7067% PA
For  5 years            0.1683% PA            1.8317% PA
========================================================

Copyright Business Recorder, 2020