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 Tuesday (June 15, 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 15.06.2021   VALUE 15.06.2021
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For  3 months and over but less than
     6 months           0.1311% PA             0.6189%PA
For  6 months and over but less than
    12 Months           0.0975% PA            0.6525% PA
For 12 months          -0.0106% PA            0.8644% PA
For  2 Years            0.0106% PA            1.3644% PA
For  3 Years            0.0106% PA            1.6144% PA
For  4 years            0.0106% PA            1.8644% PA
For  5 years            0.0106% PA            1.9894% PA
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POUND STERLING       VALUE 15.06.2021   VALUE 15.06.2021
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For  3 months and over but less than
     6 Months           0.1653% PA            0.5848% PA
For  6 months and over but less than
    12 months           0.1431% PA            0.6069% PA
For 12 Months           0.0844% PA            0.7906% PA
For  2 Years            0.0844% PA            1.2906% PA
For  3 Years            0.0844% PA            1.5406% PA
For  4 years            0.0844% PA            1.7906% PA
For  5 years            0.0844% PA            1.9156% PA
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EURO                 VALUE 15.06.2021   VALUE 15.06.2021
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For  3 months and over but less than
     6 months           0.3011% PA            1.0511% PA
For  6 months and over but less than
    12 months           0.2821% PA            1.0321% PA
For 12 Months           0.2440% PA            1.1190% PA
For  2 Years            0.2440% PA            1.6190% PA
For  3 Years            0.2440% PA            1.8690% PA
For  4 years            0.2440% PA            2.1190% PA
For  5 years            0.2440% PA            2.2440% PA
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JAPANESE YEN         VALUE 15.06.2021   VALUE 15.06.2021
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For  3 months and over but less than
     6 months          -0.1530% PA            0.5970% PA
For  6 months and over but less than
    12 months          -0.1847% PA            0.5653% PA
For 12 Months          -0.2023% PA            0.6727% PA
For  2 Years           -0.2023% PA            1.1727% PA
For  3 Years           -0.2023% PA            1.4227% PA
For  4 Years           -0.2023% PA            1.6727% PA
For  5 years           -0.2023% PA            1.7977% PA
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Copyright Business Recorder, 2021