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12024hr
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123,150

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 Tuesday (May 4, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 04.05.2021   VALUE 04.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0666% PA            0.6834% PA
For  6 months and over but less than
    12 Months          -0.0433% PA            0.7068% PA
For 12 months           0.0290% PA            0.9040% PA
For  2 Years            0.0290% PA            1.4040% PA
For  3 Years            0.0290% PA            1.6540% PA
For  4 years            0.0290% PA            1.9040% PA
For  5 years            0.0290% PA            2.0290% PA
--------------------------------------------------------
POUND STERLING       VALUE 04.05.2021   VALUE 04.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1828% PA            0.5673% PA
For  6 months and over but less than
    12 months          -0.1575% PA            0.5925% PA
For 12 Months          -0.0998% PA            0.7753% PA
For  2 Years           -0.0998% PA            1.2753% PA
For  3 Years           -0.0998% PA            1.5253% PA
For  4 years           -0.0998% PA            1.7753% PA
For  5 years           -0.0998% PA            1.9003% PA
--------------------------------------------------------
EURO                 VALUE 04.05.2021   VALUE 04.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3013% PA            1.0513% PA
For  6 months and over but less than
    12 months           0.2664% PA            1.0164% PA
For 12 Months           0.2394% PA            1.1144% PA
For  2 Years            0.2394% PA            1.6144% PA
For  3 Years            0.2394% PA            1.8644% PA
For  4 years            0.2394% PA            2.1144% PA
For  5 years            0.2394% PA            2.2394% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 04.05.2021   VALUE 04.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1673% PA            0.5827% PA
For  6 months and over but less than
    12 months           0.2040% PA            0.5460% PA
For 12 Months          -0.2048% PA            0.6702% PA
For  2 Years           -0.2048% PA            1.1702% PA
For  3 Years           -0.2048% PA            1.4202% PA
For  4 Years           -0.2048% PA            1.6702% PA
For  5 years           -0.2048% PA            1.7952% PA
========================================================

Copyright Business Recorder, 2021