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 (April 1, 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 01.04.2021   VALUE 01.04.2021
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For  3 months and over but less than
     6 months          -0.0484% PA            0.7016% PA
For  6 months and over but less than
    12 Months          -0.0433% PA            0.7068% PA
For 12 months           0.0366% PA            0.9116% PA
For  2 Years            0.0366% PA            1.4116% PA
For  3 Years            0.0366% PA            1.6616% PA
For  4 years            0.0366% PA            1.9116% PA
For  5 years            0.0366% PA            2.0366% PA
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POUND STERLING       VALUE 01.04.2021   VALUE 01.04.2021
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For  3 months and over but less than
     6 Months          -0.1619% PA            1.5881% PA
For  6 months and over but less than
    12 months          -0.1420% PA            1.6080% PA
For 12 Months          -0.0858% PA            1.7893% PA
For  2 Years           -0.0858% PA            1.2893% PA
For  3 Years           -0.0858% PA            1.5393% PA
For  4 years           -0.0858% PA            2.7893% PA
For  5 years           -0.0858% PA            2.9143% PA
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EURO                 VALUE 01.04.2021   VALUE 01.04.2021
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For  3 months and over but less than
     6 months           0.3004% PA            1.0504% PA
For  6 months and over but less than
    12 months           0.2761% PA            1.0261% PA
For 12 Months           0.2483% PA            1.1233% PA
For  2 Years            0.2483% PA            1.6233% PA
For  3 Years            0.2483% PA            1.8733% PA
For  4 years            0.2483% PA            2.1233% PA
For  5 years            0.2483% PA            2.2483% PA
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JAPANESE YEN         VALUE 01.04.2021   VALUE 01.04.2021
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For  3 months and over but less than
     6 months           0.1807% PA            0.5693% PA
For  6 months and over but less than
    12 months           0.2037% PA            0.5463% PA
For 12 Months          -0.1977% PA            0.6773% PA
For  2 Years           -0.1977% PA            1.1773% PA
For  3 Years           -0.1977% PA            1.4273% PA
For  4 Years           -0.1977% PA            1.6773% PA
For  5 years           -0.1977% PA            1.8023% PA
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Copyright Business Recorder, 2021