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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 Friday (March 5, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 05.03.2021   VALUE 05.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0563% PA            0.6938% PA
For  6 months and over but less than
    12 Months          -0.0390% PA            0.7110% PA
For 12 months           0.0320% PA            0.9070% PA
For  2 Years            0.0320% PA            1.4086% PA
For  3 Years            0.0320% PA            1.6570% PA
For  4 years            0.0320% PA            1.9070% PA
For  5 years            0.0320% PA            2.0320% PA
--------------------------------------------------------
POUND STERLING       VALUE 05.03.2021   VALUE 05.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1764% PA            0.5736% PA
For  6 months and over but less than
    12 months          -0.1575% PA            0.5925% PA
For 12 Months          -0.0970% PA            0.7780% PA
For  2 Years           -0.0970% PA            1.2780% PA
For  3 Years           -0.0970% PA            1.5280% PA
For  4 years           -0.0970% PA            1.7780% PA
For  5 years           -0.0970% PA            1.9030% PA
--------------------------------------------------------
EURO                 VALUE 05.03.2021   VALUE 05.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3010% PA            1.0510% PA
For  6 months and over but less than
    12 months           0.2723% PA            1.0223% PA
For 12 Months           0.2404% PA            1.1154% PA
For  2 Years            0.2404% PA            1.6154% PA
For  3 Years            0.2404% PA            1.8654% PA
For  4 years            0.2404% PA            2.1154% PA
For  5 years            0.2404% PA            2.2404% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 05.03.2021   VALUE 05.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1667% PA            0.5833% PA
For  6 months and over but less than
    12 months           0.2022% PA            0.5478% PA
For 12 Months          -0.2033% PA            0.6717% PA
For  2 Years           -0.2033% PA            1.1717% PA
For  3 Years           -0.2033% PA            1.4217% PA
For  4 Years           -0.2033% PA            1.6717% PA
For  5 years           -0.2033% PA            1.7967% PA
========================================================

Copyright Business Recorder, 2021

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