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 (February 15, 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 15.02.2021   VALUE 15.02.2021
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For  3 months and over but less than
     6 months          -0.0524% PA            0.6976% PA
For  6 months and over but less than
    12 Months          -0.0416% PA            0.7084% PA
For 12 months           0.0536% PA            0.9286% PA
For  2 Years            0.0536% PA            1.4286% PA
For  3 Years            0.0536% PA            1.6786% PA
For  4 years            0.0536% PA            1.9286% PA
For  5 years            0.0536% PA            2.0536% PA
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POUND STERLING       VALUE 15.02.2021   VALUE 15.02.2021
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For  3 months and over but less than
     6 Months          -0.2004% PA            0.5496% PA
For  6 months and over but less than
    12 months          -0.1800% PA            0.5700% PA
For 12 Months          -0.1290% PA            0.7460% PA
For  2 Years           -0.1290% PA            1.2460% PA
For  3 Years           -0.1290% PA            1.4960% PA
For  4 years           -0.1290% PA            1.7460% PA
For  5 years           -0.1290% PA            1.8710% PA
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EURO                 VALUE 15.02.2021   VALUE 15.02.2021
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For  3 months and over but less than
     6 months           0.3001% PA            1.0501% PA
For  6 months and over but less than
    12 months           0.2919% PA            1.0419% PA
For 12 Months           0.2504% PA            1.1254% PA
For  2 Years            0.2504% PA            1.6254% PA
For  3 Years            0.2504% PA            1.8754% PA
For  4 years            0.2504% PA            2.1254% PA
For  5 years            0.2504% PA            2.2504% PA
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JAPANESE YEN         VALUE 15.02.2021   VALUE 15.02.2021
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For  3 months and over but less than
     6 months           0.1608% PA            0.5892% PA
For  6 months and over but less than
    12 months           0.1978% PA            0.5522% PA
For 12 Months           0.2135% PA            0.6615% PA
For  2 Years            0.2135% PA            1.1615% PA
For  3 Years            0.2135% PA            1.4115% PA
For  4 Years            0.2135% PA            1.6615% PA
For  5 years            0.2135% PA            1.7865% PA
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Copyright Business Recorder, 2021