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 Thursday (January 28, 2021).

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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 28.01.2021   VALUE 28.01.2021
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For  3 months and over but less than
     6 months          -0.0315% PA            0.7185% PA
For  6 months and over but less than
    12 Months          -0.0155% PA            0.7345% PA
For 12 months           0.0615% PA            0.9365% PA
For  2 Years            0.0615% PA            1.4365% PA
For  3 Years            0.0615% PA            1.6865% PA
For  4 years            0.0615% PA            1.9365% PA
For  5 years            0.0615% PA            2.0615% PA
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POUND STERLING       VALUE 28.01.2021   VALUE 28.01.2021
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For  3 months and over but less than
     6 Months          -0.2146% PA            0.5354% PA
For  6 months and over but less than
    12 months          -0.2075% PA            0.5425% PA
For 12 Months          -0.1683% PA            0.7068% PA
For  2 Years           -0.1683% PA            1.2068% PA
For  3 Years           -0.1683% PA            1.4568% PA
For  4 years           -0.1683% PA            1.7068% PA
For  5 years           -0.1683% PA            1.8318% PA
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EURO                 VALUE 28.01.2021   VALUE 28.01.2021
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For  3 months and over but less than
     6 months           0.2956% PA            1.0456% PA
For  6 months and over but less than
    12 months           0.2840% PA            1.0340% PA
For 12 Months           0.2524% PA            1.1274% PA
For  2 Years            0.2524% PA            1.6274% PA
For  3 Years            0.2524% PA            1.8774% PA
For  4 years            0.2524% PA            2.1274% PA
For  5 years            0.2524% PA            2.2524% PA
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JAPANESE YEN         VALUE 28.01.2021   VALUE 28.01.2021
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For  3 months and over but less than
     6 months           0.1732% PA            0.5768% PA
For  6 months and over but less than
    12 months           0.1788% PA            0.5712% PA
For 12 Months           0.2112% PA            0.6638% PA
For  2 Years            0.2112% PA            1.1638% PA
For  3 Years            0.2112% PA            1.4138% PA
For  4 Years            0.2112% PA            1.6638% PA
For  5 years            0.2112% PA            1.7888% PA
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Copyright Business Recorder, 2021