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 (March 22, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 22.03.2021   VALUE 22.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0634% PA            0.6866% PA
For  6 months and over but less than
    12 Months          -0.0461% PA            0.7039% PA
For 12 months           0.0259% PA            0.9009% PA
For  2 Years            0.0259% PA            1.4009% PA
For  3 Years            0.0259% PA            1.6509% PA
For  4 years            0.0259% PA            1.9009% PA
For  5 years            0.0259% PA            2.0259% PA
--------------------------------------------------------
POUND STERLING       VALUE 22.03.2021   VALUE 22.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1690% PA            1.5810% PA
For  6 months and over but less than
    12 months          -0.1456% PA            1.6044% PA
For 12 Months          -0.0905% PA            1.7845% PA
For  2 Years           -0.0905% PA            1.2845% PA
For  3 Years           -0.0905% PA            1.5345% PA
For  4 years           -0.0905% PA            2.7845% PA
For  5 years           -0.0905% PA            2.9095% PA
--------------------------------------------------------
EURO                 VALUE 22.03.2021   VALUE 22.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2959% PA            1.0459% PA
For  6 months and over but less than
    12 months           0.2713% PA            1.0213% PA
For 12 Months           0.2374% PA            1.1124% PA
For  2 Years            0.2374% PA            1.6124% PA
For  3 Years            0.2374% PA            1.8624% PA
For  4 years            0.2374% PA            2.1124% PA
For  5 years            0.2374% PA            2.2374% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 22.03.2021   VALUE 22.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1702% PA            0.5798% PA
For  6 months and over but less than
    12 months           0.1970% PA            0.5530% PA
For 12 Months          -0.2067% PA            0.6683% PA
For  2 Years           -0.2067% PA            1.1683% PA
For  3 Years           -0.2067% PA            1.4183% PA
For  4 Years           -0.2067% PA            1.6683% PA
For  5 years           -0.2067% PA            1.7933% PA
========================================================

Copyright Business Recorder, 2021