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 (February 11, 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 11.02.2021   VALUE 11.02.2021
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For  3 months and over but less than
     6 months          -0.0475% PA            0.7025% PA
For  6 months and over but less than
    12 Months          -0.0420% PA            0.7080% PA
For 12 months           0.0556% PA            0.9306% PA
For  2 Years            0.0556% PA            1.4306% PA
For  3 Years            0.0556% PA            1.6806% PA
For  4 years            0.0556% PA            1.9306% PA
For  5 years            0.0556% PA            2.0556% PA
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POUND STERLING       VALUE 11.02.2021   VALUE 11.02.2021
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For  3 months and over but less than
     6 Months          -0.2036% PA            0.5464% PA
For  6 months and over but less than
    12 months          -0.1814% PA            0.5686% PA
For 12 Months          -0.1276% PA            0.7474% PA
For  2 Years           -0.1276% PA            1.2474% PA
For  3 Years           -0.1276% PA            1.4974% PA
For  4 years           -0.1276% PA            1.7474% PA
For  5 years           -0.1276% PA            1.8724% PA
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EURO                 VALUE 11.02.2021   VALUE 11.02.2021
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For  3 months and over but less than
     6 months           0.2940% PA            1.0440% PA
For  6 months and over but less than
    12 months           0.2906% PA            1.0406% PA
For 12 Months           0.2493% PA            1.1243% PA
For  2 Years            0.2493% PA            1.6243% PA
For  3 Years            0.2493% PA            1.8743% PA
For  4 years            0.2493% PA            2.1243% PA
For  5 years            0.2493% PA            2.2493% PA
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JAPANESE YEN         VALUE 11.02.2021   VALUE 11.02.2021
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For  3 months and over but less than
     6 months           0.1595% PA            0.5905% PA
For  6 months and over but less than
    12 months           0.1972% PA            0.5528% PA
For 12 Months           0.2130% PA            0.6620% PA
For  2 Years            0.2130% PA            1.1620% PA
For  3 Years            0.2130% PA            1.4120% PA
For  4 Years            0.2130% PA            1.6620% PA
For  5 years            0.2130% PA            1.7870% PA
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Copyright Business Recorder, 2021