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 9, 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 09.11.2020   VALUE 09.11.2020
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For  3 months and over but less than
     6 months          -0.0370% PA            0.7130% PA
For  6 months and over but less than
    12 Months          -0.0038% PA            0.7463% PA
For 12 months           0.0838% PA            0.9588% PA
For  2 Years            0.0838% PA            1.4588% PA
For  3 Years            0.0838% PA            1.7088% PA
For  4 years            0.0838% PA            1.9588% PA
For  5 years            0.0838% PA            2.0838% PA
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POUND STERLING       VALUE 09.11.2020   VALUE 09.11.2020
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For  3 months and over but less than
     6 Months          -0.2045% PA            0.5455% PA
For  6 months and over but less than
    12 months          -0.1911% PA            0.5589% PA
For 12 Months          -0.1266% PA            0.7484% PA
For  2 Years           -0.1266% PA            1.2484% PA
For  3 Years           -0.1266% PA            1.4984% PA
For  4 years           -0.1266% PA            1.7484% PA
For  5 years           -0.1266% PA            1.8734% PA
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EURO                 VALUE 09.11.2020   VALUE 09.11.2020
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For  3 months and over but less than
     6 months           0.2866% PA            1.0366% PA
For  6 months and over but less than
    12 months           0.2747% PA            1.0247% PA
For 12 Months           0.2224% PA            1.0974% PA
For  2 Years            0.2224% PA            1.5974% PA
For  3 Years            0.2224% PA            1.8474% PA
For  4 years            0.2224% PA            2.0974% PA
For  5 years            0.2224% PA            2.2224% PA
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JAPANESE YEN         VALUE 09.11.2020   VALUE 09.11.2020
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For  3 months and over but less than
     6 months           0.1478% PA            0.6022% PA
For  6 months and over but less than
    12 months           0.1853% PA            0.5647% PA
For 12 Months           0.2077% PA            0.6673% PA
For  2 Years            0.2077% PA            1.1673% PA
For  3 Years            0.2077% PA            1.4173% PA
For  4 Years            0.2077% PA            1.6673% PA
For  5 years            0.2077% PA            1.7973% PA
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Copyright Business Recorder, 2020