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 (March 18, 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 18.03.2021   VALUE 18.03.2021
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For  3 months and over but less than
     6 months          -0.0600% PA            0.6900% PA
For  6 months and over but less than
    12 Months          -0.0521% PA            0.6979% PA
For 12 months           0.0308% PA            0.9058% PA
For  2 Years            0.0308% PA            1.4058% PA
For  3 Years            0.0308% PA            1.6558% PA
For  4 years            0.0308% PA            1.9058% PA
For  5 years            0.0308% PA            2.0308% PA
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POUND STERLING       VALUE 18.03.2021   VALUE 18.03.2021
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For  3 months and over but less than
     6 Months           0.5058% PA            1.2558% PA
For  6 months and over but less than
    12 months           0.4616% PA            1.2116% PA
For 12 Months           0.3410% PA            1.2160% PA
For  2 Years            0.3410% PA            1.7160% PA
For  3 Years            0.3410% PA            1.9660% PA
For  4 years            0.3410% PA            2.2160% PA
For  5 years            0.3410% PA            2.3410% PA
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EURO                 VALUE 18.03.2021   VALUE 18.03.2021
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For  3 months and over but less than
     6 months           0.2996% PA            1.0496% PA
For  6 months and over but less than
    12 months           0.2740% PA            1.0240% PA
For 12 Months           0.2414% PA            1.1164% PA
For  2 Years            0.2414% PA            1.6164% PA
For  3 Years            0.2414% PA            1.8664% PA
For  4 years            0.2414% PA            2.1164% PA
For  5 years            0.2414% PA            2.2414% PA
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JAPANESE YEN         VALUE 18.03.2021   VALUE 18.03.2021
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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           0.1985% PA            0.5515% PA
For 12 Months          -0.2035% PA            0.6715% PA
For  2 Years           -0.2035% PA            1.1715% PA
For  3 Years           -0.2035% PA            1.4215% PA
For  4 Years           -0.2035% PA            1.6715% PA
For  5 years           -0.2035% PA            1.7965% PA
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Copyright Business Recorder, 2021