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 (July 8, 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 08.07.2021   VALUE 08.07.2021
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For  3 months and over but less than
     6 months           0.1151% PA            0.6349% PA
For  6 months and over but less than
    12 Months           0.0836% PA            0.6664% PA
For 12 months          -0.0078% PA            0.8673% PA
For  2 Years           -0.0078% PA            1.3673% PA
For  3 Years           -0.0078% PA            1.6173% PA
For  4 years           -0.0078% PA            1.8673% PA
For  5 years           -0.0078% PA            1.9923% PA
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POUND STERLING       VALUE 08.07.2021   VALUE 08.07.2021
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For  3 months and over but less than
     6 Months           0.1716% PA            0.5784% PA
For  6 months and over but less than
    12 months           0.1505% PA            0.5995% PA
For 12 Months           0.0781% PA            0.7969% PA
For  2 Years            0.0781% PA            1.2969% PA
For  3 Years            0.0781% PA            1.5469% PA
For  4 years            0.0781% PA            1.7969% PA
For  5 years            0.0781% PA            1.9219% PA
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EURO                 VALUE 08.07.2021   VALUE 08.07.2021
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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           0.2817% PA            1.0317% PA
For 12 Months           0.2394% PA            1.1144% P
For  2 Years            0.2394% PA            1.6144% PA
For  3 Years            0.2394% PA            1.8644% PA
For  4 years            0.2394% PA            2.1144% PA
For  5 years            0.2394% PA            2.2394% PA
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JAPANESE YEN         VALUE 08.07.2021   VALUE 08.07.2021
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For  3 months and over but less than
     6 months          -0.1747% PA            0.5753% PA
For  6 months and over but less than
    12 months          -0.1830% PA            0.5670% PA
For 12 Months          -0.2043% PA            0.6707% PA
For  2 Years           -0.2043% PA            1.1707% PA
For  3 Years           -0.2043% PA            1.4207% PA
For  4 Years           -0.2043% PA            1.6707% PA
For  5 years           -0.2043% PA            1.7957% PA
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Copyright Business Recorder, 2021