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 (July 13, 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 13.07.2021   VALUE 13.07.2021
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For  3 months and over but less than
     6 months           0.1214% PA            0.6286% PA
For  6 months and over but less than
    12 Months           0.0990% PA            0.6510% PA
For 12 months          -0.0111% PA            0.8639% PA
For  2 Years           -0.0111% PA            1.3639% PA
For  3 Years           -0.0111% PA            1.6139% PA
For  4 years           -0.0111% PA            1.8639% PA
For  5 years           -0.0111% PA            1.9889% PA
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POUND STERLING       VALUE 13.07.2021   VALUE 13.07.2021
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For  3 months and over but less than
     6 Months           0.1729% PA            0.5771% PA
For  6 months and over but less than
    12 months           0.1483% PA            0.6018% PA
For 12 Months           0.0770% PA            0.7980% PA
For  2 Years            0.0770% PA            1.2980% PA
For  3 Years            0.0770% PA            1.5480% PA
For  4 years            0.0770% PA            1.7980% PA
For  5 years            0.0770% PA            1.9230% PA
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EURO                 VALUE 13.07.2021   VALUE 13.07.2021
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For  3 months and over but less than
     6 months           0.3023% PA            1.0523% PA
For  6 months and over but less than
    12 months           0.2769% PA            1.0269% PA
For 12 Months           0.2424% PA            1.1174% PA
For  2 Years            0.2424% PA            1.6174% PA
For  3 Years            0.2424% PA            1.8674% PA
For  4 years            0.2424% PA            2.1174% PA
For  5 years            0.2424% PA            2.2424% PA
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JAPANESE YEN         VALUE 13.07.2021   VALUE 13.07.2021
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For  3 months and over but less than
     6 months          -0.1727% PA            0.5773% PA
For  6 months and over but less than
    12 months          -0.1833% PA            0.5667% PA
For 12 Months          -0.2047% PA            0.6703% PA
For  2 Years           -0.2047% PA            1.1703% PA
For  3 Years           -0.2047% PA            1.4203% PA
For  4 Years           -0.2047% PA            1.6703% PA
For  5 years           -0.2047% PA            1.7953% PA
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Copyright Business Recorder, 2021