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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 16, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 16.02.2021   VALUE 16.02.2021
--------------------------------------------------------
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
--------------------------------------------------------
POUND STERLING       VALUE 16.02.2021   VALUE 16.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1973% PA            0.5528% PA
For  6 months and over but less than
    12 months          -0.1796% PA            0.5704% PA
For 12 Months          -0.1296% PA            0.7454% PA
For  2 Years           -0.1296% PA            1.2454% PA
For  3 Years           -0.1296% PA            1.4954% PA
For  4 years           -0.1296% PA            1.7454% PA
For  5 years           -0.1296% PA            1.8704% PA
--------------------------------------------------------
EURO                 VALUE 16.02.2021   VALUE 16.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3004% PA            1.0504% PA
For  6 months and over but less than
    12 months           0.2927% PA            1.0427% 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
--------------------------------------------------------
JAPANESE YEN         VALUE 16.02.2021   VALUE 16.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1638% PA            0.5862% PA
For  6 months and over but less than
    12 months           0.1988% PA            0.5512% PA
For 12 Months           0.2152% PA            0.6598% PA
For  2 Years            0.2152% PA            1.1598% PA
For  3 Years            0.2152% PA            1.4098% PA
For  4 Years            0.2152% PA            1.6598% PA
For  5 years            0.2152% PA            1.7848% PA
========================================================

Copyright Business Recorder, 2021

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