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 Wednesday (March 31, 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 31.03.2021   VALUE 31.03.2021
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For  3 months and over but less than
     6 months          -0.0475% PA            0.7025% PA
For  6 months and over but less than
    12 Months          -0.0471% PA            0.7029% PA
For 12 months           0.0315% PA            0.9065% PA
For  2 Years            0.0315% PA            1.4065% PA
For  3 Years            0.0315% PA            1.6565% PA
For  4 years            0.0315% PA            1.9065% PA
For  5 years            0.0315% PA            2.0315% PA
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POUND STERLING       VALUE 31.03.2021   VALUE 31.03.2021
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For  3 months and over but less than
     6 Months          -0.1610% PA            1.5890% PA
For  6 months and over but less than
    12 months          -0.1421% PA            1.6079% PA
For 12 Months          -0.0879% PA            1.7871% PA
For  2 Years           -0.0879% PA            1.2871% PA
For  3 Years           -0.0879% PA            1.5371% PA
For  4 years           -0.0879% PA            2.7871% PA
For  5 years           -0.0879% PA            2.9121% PA
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EURO                 VALUE 31.03.2021   VALUE 31.03.2021
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For  3 months and over but less than
     6 months           0.2997% PA            1.0497% PA
For  6 months and over but less than
    12 months           0.2736% PA            1.0236% PA
For 12 Months           0.2454% PA            1.1204% PA
For  2 Years            0.2454% PA            1.6204% PA
For  3 Years            0.2454% PA            1.8704% PA
For  4 years            0.2454% PA            2.1204% PA
For  5 years            0.2454% PA            2.2454% PA
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JAPANESE YEN         VALUE 31.03.2021   VALUE 31.03.2021
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For  3 months and over but less than
     6 months           0.1817% PA            0.5683% PA
For  6 months and over but less than
    12 months           0.2020% PA            0.5480% PA
For 12 Months          -0.1973% PA            0.6777% PA
For  2 Years           -0.1973% PA            1.1777% PA
For  3 Years           -0.1973% PA            1.4277% PA
For  4 Years           -0.1973% PA            1.6777% PA
For  5 years           -0.1973% PA            1.8027% PA
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Copyright Business Recorder, 2021