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 (March 26, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 26.03.2021   VALUE 26.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0549% PA            0.6951% PA
For  6 months and over but less than
    12 Months          -0.0405% PA            0.7095% PA
For 12 months           0.0300% PA            0.9050% PA
For  2 Years            0.0300% PA            1.4050% PA
For  3 Years            0.0300% PA            1.6550% PA
For  4 years            0.0300% PA            1.9050% PA
For  5 years            0.0300% PA            2.0300% PA
--------------------------------------------------------
POUND STERLING       VALUE 26.03.2021   VALUE 26.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1599% PA            1.5901% PA
For  6 months and over but less than
    12 months          -0.1441% PA            1.6059% PA
For 12 Months          -0.0864% PA            1.7886% PA
For  2 Years           -0.0864% PA            1.2886% PA
For  3 Years           -0.0864% PA            1.5386% PA
For  4 years           -0.0864% PA            2.7886% PA
For  5 years           -0.0864% PA            2.9136% PA
--------------------------------------------------------
EURO                 VALUE 26.03.2021   VALUE 26.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2989% PA            1.0489% PA
For  6 months and over but less than
    12 months           0.2736% PA            1.0236% PA
For 12 Months           0.2420% PA            1.1170% PA
For  2 Years            0.2420% PA            1.6170% PA
For  3 Years            0.2420% PA            1.8670% PA
For  4 years            0.2420% PA            2.1170% PA
For  5 years            0.2420% PA            2.2420% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 26.03.2021   VALUE 26.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1763% PA            0.5737% PA
For  6 months and over but less than
    12 months           0.2018% PA            0.5482% PA
For 12 Months          -0.1995% PA            0.6755% PA
For  2 Years           -0.1995% PA            1.1755% PA
For  3 Years           -0.1995% PA            1.4255% PA
For  4 Years           -0.1995% PA            1.6755% PA
For  5 years           -0.1995% PA            1.8005% PA
========================================================

Copyright Business Recorder, 2021