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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 Friday (May 7, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 07.05.2021   VALUE 07.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0801% PA            0.6699% PA
For  6 months and over but less than
    12 Months          -0.0494% PA            0.7006% 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 07.05.2021   VALUE 07.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1668% PA            0.5833% PA
For  6 months and over but less than
    12 months          -0.1379% PA            0.6121% PA
For 12 Months          -0.0884% PA            0.7866% PA
For  2 Years           -0.0884% PA            1.2866% PA
For  3 Years           -0.0884% PA            1.5366% PA
For  4 years           -0.0884% PA            1.7866% PA
For  5 years           -0.0884% PA            1.9116% PA
--------------------------------------------------------
EURO                 VALUE 07.05.2021   VALUE 07.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2923% PA            1.0423% PA
For  6 months and over but less than
    12 months           0.2734% PA            1.0234% PA
For 12 Months           0.2461% PA            1.1211% PA
For  2 Years            0.2461% PA            1.6211% PA
For  3 Years            0.2461% PA            1.8711% PA
For  4 years            0.2461% PA            2.1211% PA
For  5 years            0.2461% PA            2.2461% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 07.05.2021   VALUE 07.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1650% PA            0.5850% PA
For  6 months and over but less than
    12 months           0.2062% PA            0.5438% PA
For 12 Months          -0.2007% PA            0.6743% PA
For  2 Years           -0.2007% PA            1.1743% PA
For  3 Years           -0.2007% PA            1.4243% PA
For  4 Years           -0.2007% PA            1.6743% PA
For  5 years           -0.2007% PA            1.7993% PA
========================================================

Copyright Business Recorder, 2021

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