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 (November 2, 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 02.11.2020   VALUE 02.11.2020
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For  3 months and over but less than
     6 months          -0.0356% PA            0.7144% PA
For  6 months and over but less than
    12 Months          -0.0071% PA            0.7429% PA
For 12 months           0.0810% PA            0.9560% PA
For  2 Years            0.0810% PA            1.4560% PA
For  3 Years            0.0810% PA            1.7060% PA
For  4 years            0.0810% PA            1.9560% PA
For  5 years            0.0810% PA            2.0810% PA
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POUND STERLING       VALUE 02.11.2020   VALUE 02.11.2020
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For  3 months and over but less than
     6 Months          -0.2013% PA            0.5488% PA
For  6 months and over but less than
    12 months          -0.1925% PA            0.5575% PA
For 12 Months          -0.1249% PA            0.7501% PA
For  2 Years           -0.1249% PA            1.2501% PA
For  3 Years           -0.1249% PA            1.5001% PA
For  4 years           -0.1249% PA            1.7501% PA
For  5 years           -0.1249% PA            1.8751% PA
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EURO                 VALUE 02.11.2020   VALUE 02.11.2020
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For  3 months and over but less than
     6 months           0.2796% PA            1.0296% PA
For  6 months and over but less than
    12 months           0.2710% PA            1.0210% PA
For 12 Months           0.2200% PA            1.0950% PA
For  2 Years            0.2200% PA            1.5950% PA
For  3 Years            0.2200% PA            1.8450% PA
For  4 years            0.2200% PA            2.0950% PA
For  5 years            0.2200% PA            2.2200% PA
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JAPANESE YEN         VALUE 02.11.2020   VALUE 02.11.2020
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For  3 months and over but less than
     6 months           0.1480% PA            0.6020% PA
For  6 months and over but less than
    12 months           0.1850% PA            0.5650% PA
For 12 Months           0.2045% PA            0.6705% PA
For  2 Years            0.2045% PA            1.1705% PA
For  3 Years            0.2045% PA            1.4205% PA
For  4 Years            0.2045% PA            1.6705% PA
For  5 years            0.2045% PA            1.7955% PA
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Copyright Business Recorder, 2020