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 (May 6, 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 06.05.2021   VALUE 06.05.2021
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For  3 months and over but less than
     6 months          -0.0746% PA            0.6754% PA
For  6 months and over but less than
    12 Months          -0.0434% PA            0.7066% PA
For 12 months           0.0329% PA            0.9079% PA
For  2 Years            0.0329% PA            1.4079% PA
For  3 Years            0.0329% PA            1.6579% PA
For  4 years            0.0329% PA            1.9079% PA
For  5 years            0.0329% PA            2.0329% PA
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POUND STERLING       VALUE 06.05.2021   VALUE 06.05.2021
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For  3 months and over but less than
     6 Months          -0.1664% PA            0.5836% PA
For  6 months and over but less than
    12 months          -0.1395% PA            0.6105% PA
For 12 Months          -0.0851% PA            0.7899% PA
For  2 Years           -0.0851% PA            1.2899% PA
For  3 Years           -0.0851% PA            1.5399% PA
For  4 years           -0.0851% PA            1.7899% PA
For  5 years           -0.0851% PA            1.9149% PA
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EURO                 VALUE 06.05.2021   VALUE 06.05.2021
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For  3 months and over but less than
     6 months           0.2934% PA            1.0434% PA
For  6 months and over but less than
    12 months           0.2749% PA            1.0249% PA
For 12 Months           0.2456% PA            1.1206% PA
For  2 Years            0.2456% PA            1.6206% PA
For  3 Years            0.2456% PA            1.8706% PA
For  4 years            0.2456% PA            2.1206% PA
For  5 years            0.2456% PA            2.2456% PA
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JAPANESE YEN         VALUE 06.05.2021   VALUE 06.05.2021
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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
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Copyright Business Recorder, 2021