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 15, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 15.09.2020   VALUE 15.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0004% PA            0.7504% PA
For  6 months and over but less than
    12 Months           0.0319% PA            0.7819% PA
For 12 months           0.1639% PA            1.0389% PA
For  2 Years            0.1639% PA            1.5389% PA
For  3 Years            0.1639% PA            1.7889% PA
For  4 years            0.1639% PA            2.0389% PA
For  5 years            0.1639% PA            2.1639% PA
--------------------------------------------------------
POUND STERLING       VALUE 15.09.2020   VALUE 15.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1930% PA            0.5570% PA
For  6 months and over but less than
    12 months          -0.1693% PA            0.5808% PA
For 12 Months          -0.0866% PA            0.7884% PA
For  2 Years           -0.0866% PA            1.2884% PA
For  3 Years           -0.0866% PA            1.5384% PA
For  4 years           -0.0866% PA            1.7884% PA
For  5 years           -0.0866% PA            1.9134% PA
--------------------------------------------------------
EURO                 VALUE 15.09.2020   VALUE 15.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2574% PA            1.0074% PA
For  6 months and over but less than
    12 months           0.2437% PA            0.9937% PA
For 12 Months           0.1680% PA            1.0430% PA
For  2 Years            0.1680% PA            1.5430% PA
For  3 Years            0.1680% PA            1.7930% PA
For  4 years            0.1680% PA            2.0430% PA
For  5 years            0.1680% PA            2.1680% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 15.09.2020   VALUE 15.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1558% PA            0.5942% PA
For  6 months and over but less than
    12 months           0.1948% PA            0.5552% PA
For 12 Months           0.1665% PA            0.7085% PA
For  2 Years            0.1665% PA            1.2085% PA
For  3 Years            0.1665% PA            1.4585% PA
For  4 Years            0.1665% PA            1.7085% PA
For  5 years            0.1665% PA            1.8335% PA
========================================================

Copyright Business Recorder, 2020