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 (April 12, 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 12.04.2021   VALUE 12.04.2021
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For  3 months and over but less than
     6 months          -0.0623% PA            0.6878% PA
For  6 months and over but less than
    12 Months          -0.0393% PA            0.7108% PA
For 12 months           0.0393% PA            0.9118% PA
For  2 Years            0.0393% PA            1.4118% PA
For  3 Years            0.0393% PA            1.6618% PA
For  4 years            0.0393% PA            1.9118% PA
For  5 years            0.0393% PA            2.0368% PA
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POUND STERLING       VALUE 12.04.2021   VALUE 12.04.2021
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For  3 months and over but less than
     6 Months          -0.1653% PA            0.5850% PA
For  6 months and over but less than
    12 months          -0.1401% PA            0.6099% PA
For 12 Months          -0.0875% PA            0.7875% PA
For  2 Years           -0.0875% PA            1.2875% PA
For  3 Years           -0.0875% PA            1.5375% PA
For  4 years           -0.0875% PA            1.7875% PA
For  5 years           -0.0875% PA            1.9125% PA
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EURO                 VALUE 12.04.2021   VALUE 12.04.2021
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For  3 months and over but less than
     6 months           0.2947% PA            1.0447% PA
For  6 months and over but less than
    12 months           0.2771% PA            1.0271% PA
For 12 Months           0.2513% PA            1.1263% PA
For  2 Years            0.2513% PA            1.6263% PA
For  3 Years            0.2513% PA            1.8763% PA
For  4 years            0.2513% PA            2.1263% PA
For  5 years            0.2513% PA            2.2513% PA
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JAPANESE YEN         VALUE 12.04.2021   VALUE 12.04.2021
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For  3 months and over but less than
     6 months           0.1787% PA            0.5713% PA
For  6 months and over but less than
    12 months           0.2060% PA            0.5440% PA
For 12 Months          -0.1983% PA            0.6767% PA
For  2 Years           -0.1983% PA            1.1767% PA
For  3 Years           -0.1983% PA            1.4267% PA
For  4 Years           -0.1983% PA            1.6767% PA
For  5 years           -0.1983% PA            1.8017% PA
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Copyright Business Recorder, 2021