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 (February 2, 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 02.02.2021   VALUE 02.02.2021
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For  3 months and over but less than
     6 months          -0.0481% PA            0.7019% PA
For  6 months and over but less than
    12 Months          -0.0268% PA            0.7233% PA
For 12 months           0.0611% PA            0.9361% PA
For  2 Years            0.0611% PA            1.4361% PA
For  3 Years            0.0611% PA            1.6861% PA
For  4 years            0.0611% PA            1.9361% PA
For  5 years            0.0611% PA            2.0611% PA
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POUND STERLING       VALUE 02.02.2021   VALUE 02.02.2021
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For  3 months and over but less than
     6 Months          -0.2106% PA            0.5394% PA
For  6 months and over but less than
    12 months          -0.2061% PA            0.5439% PA
For 12 Months          -0.1671% PA            0.7079% PA
For  2 Years           -0.1671% PA            1.2079% PA
For  3 Years           -0.1671% PA            1.4579% PA
For  4 years           -0.1671% PA            1.7079% PA
For  5 years           -0.1671% PA            1.8329% PA
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EURO                 VALUE 02.02.2021   VALUE 02.02.2021
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For  3 months and over but less than
     6 months           0.2934% PA            1.0434% PA
For  6 months and over but less than
    12 months           0.2873% PA            1.0373% PA
For 12 Months           0.2541% PA            1.1291% PA
For  2 Years            0.2541% PA            1.6291% PA
For  3 Years            0.2541% PA            1.8791% PA
For  4 years            0.2541% PA            2.1291% PA
For  5 years            0.2541% PA            2.2541% PA
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JAPANESE YEN         VALUE 02.02.2021   VALUE 02.02.2021
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For  3 months and over but less than
     6 months           0.1555% PA            0.5945% PA
For  6 months and over but less than
    12 months           0.1818% PA            0.5682% PA
For 12 Months           0.2067% PA            0.6683% PA
For  2 Years            0.2067% PA            1.1683% PA
For  3 Years            0.2067% PA            1.4183% PA
For  4 Years            0.2067% PA            1.6683% PA
For  5 years            0.2067% PA            1.7933% PA
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Copyright Business Recorder, 2021