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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 (May 5, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 05.05.2021   VALUE 05.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0736% PA            0.6764% PA
For  6 months and over but less than
    12 Months          -0.0451% PA            0.7049% PA
For 12 months           0.0311% PA            0.9061% PA
For  2 Years            0.0311% PA            1.4061% PA
For  3 Years            0.0311% PA            1.6561% PA
For  4 years            0.0311% PA            1.9061% PA
For  5 years            0.0311% PA            2.0311% PA
--------------------------------------------------------
POUND STERLING       VALUE 05.05.2021   VALUE 05.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1661% PA            0.5839% PA
For  6 months and over but less than
    12 months          -0.1363% PA            0.6138% PA
For 12 Months          -0.0836% PA            0.7914% PA
For  2 Years           -0.0836% PA            1.2914% PA
For  3 Years           -0.0836% PA            1.5414% PA
For  4 years           -0.0836% PA            1.7914% PA
For  5 years           -0.0836% PA            1.9164% PA
--------------------------------------------------------
EURO                 VALUE 05.05.2021   VALUE 05.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2939% PA            1.0437% PA
For  6 months and over but less than
    12 months           0.2756% PA            1.0256% PA
For 12 Months           0.2434% PA            1.1184% PA
For  2 Years            0.2434% PA            1.6184% PA
For  3 Years            0.2434% PA            1.8684% PA
For  4 years            0.2434% PA            2.1184% PA
For  5 years            0.2434% PA            2.2434% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 05.05.2021   VALUE 05.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1812% PA            0.5688% PA
For  6 months and over but less than
    12 months           0.2032% PA            0.5468% PA
For 12 Months          -0.2008% PA            0.6742% PA
For  2 Years           -0.2008% PA            1.1742% PA
For  3 Years           -0.2008% PA            1.4242% PA
For  4 Years           -0.2008% PA            1.6742% PA
For  5 years           -0.2008% PA            1.7992% PA
========================================================

Copyright Business Recorder, 2021

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