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 29, 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 29.04.2021   VALUE 29.04.2021
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For  3 months and over but less than
     6 months           -0.0729% PA           0.6771% PA
For  6 months and over but less than
    12 Months           -0.0358% PA           0.7143% PA
For 12 months            0.0326% PA           0.9076% PA
For  2 Years             0.0326% PA           1.4076% PA
For  3 Years             0.0326% PA           1.6576% PA
For  4 years             0.0326% PA           1.9076% PA
For  5 years             0.0326% PA           2.0326% PA
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POUND STERLING       VALUE 29.04.2021   VALUE 29.04.2021
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For  3 months and over but less than
     6 Months           -0.1618% PA           0.5883% PA
For  6 months and over but less than
    12 months           -0.1393% PA           0.6108% PA
For 12 Months           -0.0901% PA           0.7849% PA
For  2 Years            -0.0901% PA           1.2849% PA
For  3 Years            -0.0901% PA           1.5349% PA
For  4 years            -0.0901% PA           1.7849% PA
For  5 years            -0.0901% PA           1.9099% PA
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EURO                 VALUE 29.04.2021   VALUE 29.04.2021
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For  3 months and over but less than
     6 months            0.2926% PA           1.0426% PA
For  6 months and over but less than
    12 months            0.2750% PA           1.0250% PA
For 12 Months            0.2406% PA           1.1156% PA
For  2 Years             0.2406% PA           1.6156% PA
For  3 Years             0.2406% PA           1.8656% PA
For  4 years             0.2406% PA           2.1156% PA
For  5 years             0.2406% PA           2.2406% PA
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JAPANESE YEN         VALUE 29.04.2021   VALUE 29.04.2021
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For  3 months and over but less than
     6 months            0.1823% PA           0.5697% PA
For  6 months and over but less than
    12 months            0.2033% PA           0.5467% PA
For 12 Months           -0.2000% PA           0.6750% PA
For  2 Years            -0.2000% PA           1.1750% PA
For  3 Years            -0.2000% PA           1.4250% PA
For  4 Years            -0.2000% PA           1.6750% PA
For  5 years            -0.2000% PA           1.8000% PA
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Copyright Business Recorder, 2021