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 Friday (February 26, 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 26.02.2021   VALUE 26.02.2021
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For  3 months and over but less than
     6 months          -0.0603% PA            0.6898% PA
For  6 months and over but less than
    12 Months          -0.0506% PA            0.6994% PA
For 12 months           0.0280% PA            0.9030% PA
For  2 Years            0.0280% PA            1.4030% PA
For  3 Years            0.0280% PA            1.6530% PA
For  4 years            0.0280% PA            1.9030% PA
For  5 years            0.0280% PA            2.0280% PA
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POUND STERLING       VALUE 26.02.2021   VALUE 26.02.2021
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For  3 months and over but less than
     6 Months          -0.1880% PA            0.5620% PA
For  6 months and over but less than
    12 months          -0.1695% PA            0.5805% PA
For 12 Months          -0.1141% PA            0.7609% PA
For  2 Years           -0.1141% PA            1.2609% PA
For  3 Years           -0.1141% PA            1.5109% PA
For  4 years           -0.1141% PA            1.7609% PA
For  5 years           -0.1141% PA            1.8859% PA
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EURO                 VALUE 26.02.2021   VALUE 26.02.2021
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For  3 months and over but less than
     6 months           0.3043% PA            1.0543% PA
For  6 months and over but less than
    12 months           0.2700% PA            1.0200% PA
For 12 Months           0.2430% PA            1.1180% PA
For  2 Years            0.2430% PA            1.6180% PA
For  3 Years            0.2430% PA            1.8680% PA
For  4 years            0.2430% PA            2.1180% PA
For  5 years            0.2430% PA            2.2430% PA
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JAPANESE YEN         VALUE 26.02.2021   VALUE 26.02.2021
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For  3 months and over but less than
     6 months           0.1730% PA            0.5770% PA
For  6 months and over but less than
    12 months           0.2035% PA            0.5465% PA
For 12 Months          -0.2028% PA            0.6722% PA
For  2 Years           -0.2028% PA            1.1722% PA
For  3 Years           -0.2028% PA            1.4222% PA
For  4 Years           -0.2028% PA            1.6722% PA
For  5 years           -0.2028% PA            1.7972% PA
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Copyright Business Recorder, 2021