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 Friday (May 21, 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 21.05.2021   VALUE 21.05.2021
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For  3 months and over but less than
     6 months           0.1008% PA            0.6493% PA
For  6 months and over but less than
    12 Months           0.0664% PA            0.6836% PA
For 12 months          -0.0135% PA            0.8885% PA
For  2 Years            0.0135% PA            1.3885% PA
For  3 Years            0.0135% PA            1.6385% PA
For  4 years            0.0135% PA            1.8885% PA
For  5 years            0.0135% PA            2.0135% PA
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POUND STERLING       VALUE 21.05.2021   VALUE 21.05.2021
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For  3 months and over but less than
     6 Months           0.1694% PA            0.5806% PA
For  6 months and over but less than
    12 months           0.1456% PA            0.6044% 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 21.05.2021   VALUE 21.05.2021
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For  3 months and over but less than
     6 months           0.2943% PA            1.0443% PA
For  6 months and over but less than
    12 months           0.2771% PA            1.0271% PA
For 12 Months           0.2396% PA            1.1124% PA
For  2 Years            0.2396% PA            1.6124% PA
For  3 Years            0.2396% PA            1.8646% PA
For  4 years            0.2396% PA            2.1146% PA
For  5 years            0.2396% PA            2.2396% PA
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JAPANESE YEN         VALUE 21.05.2021   VALUE 21.05.2021
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For  3 months and over but less than
     6 months          -0.1612% PA            0.5888% PA
For  6 months and over but less than
    12 months          -0.2037% PA            0.5463% PA
For 12 Months          -0.1952% PA            0.6798% PA
For  2 Years           -0.1952% PA            1.1798% PA
For  3 Years           -0.1952% PA            1.4298% PA
For  4 Years           -0.1952% PA            1.6798% PA
For  5 years           -0.1952% PA            1.8048% PA
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Copyright Business Recorder, 2021