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 Monday (May 17, 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 17.05.2021   VALUE 17.05.2021
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For  3 months and over but less than
     6 months          -0.0941% PA            0.6559% PA
For  6 months and over but less than
    12 Months          -0.0574% PA            0.6926% PA
For 12 months           0.0146% PA            0.8896% PA
For  2 Years            0.0146% PA            1.3896% PA
For  3 Years            0.0146% PA            1.6396% PA
For  4 years            0.0146% PA            1.8896% PA
For  5 years            0.0146% PA            2.0146% PA
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POUND STERLING       VALUE 17.05.2021   VALUE 17.05.2021
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For  3 months and over but less than
     6 Months          -0.1666% PA            0.5834% PA
For  6 months and over but less than
    12 months          -0.1454% PA            0.6046% PA
For 12 Months          -0.0789% PA            0.7961% PA
For  2 Years           -0.0789% PA            1.2961% PA
For  3 Years           -0.0789% PA            1.5461% PA
For  4 years           -0.0789% PA            1.7961% PA
For  5 years           -0.0789% PA            1.9211% PA
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EURO                 VALUE 17.05.2021   VALUE 17.05.2021
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For  3 months and over but less than
     6 months           0.2967% PA            1.0467% PA
For  6 months and over but less than
    12 months           0.2751% PA            1.0251% PA
For 12 Months           0.2376% PA            1.1126% PA
For  2 Years            0.2376% PA            1.6126% PA
For  3 Years            0.2376% PA            1.8626% PA
For  4 years            0.2376% PA            2.1126% PA
For  5 years            0.2376% PA            2.2376% PA
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JAPANESE YEN         VALUE 17.05.2021   VALUE 17.05.2021
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For  3 months and over but less than
     6 months          -0.1618% PA            0.5882% PA
For  6 months and over but less than
    12 months          -0.2065% PA            0.5435% PA
For 12 Months          -0.1938% PA            0.6812% PA
For  2 Years           -0.1938% PA            1.1812% PA
For  3 Years           -0.1938% PA            1.4312% PA
For  4 Years           -0.1938% PA            1.6812% PA
For  5 years           -0.1938% PA            1.8062% PA
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Copyright Business Recorder, 2021