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 (August 2, 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 02.08.2021   VALUE 02.08.2021
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For  3 months and over but less than
     6 months           0.1243% PA            0.6258% PA
For  6 months and over but less than
    12 Months           0.0961% PA            0.6539% PA
For 12 months          -0.0130% PA            0.8620% PA
For  2 Years           -0.0130% PA            1.3620% PA
For  3 Years           -0.0130% PA            1.6120% PA
For  4 years           -0.0130% PA            1.8620% PA
For  5 years           -0.0130% PA            1.9870% PA
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POUND STERLING       VALUE 02.08.2021   VALUE 02.08.2021
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For  3 months and over but less than
     6 Months           0.1753% PA            0.5748% PA
For  6 months and over but less than
    12 months           0.1630% PA            0.5870% PA
For 12 Months           0.0620% PA            0.8130% PA
For  2 Years            0.0620% PA            1.3130% PA
For  3 Years            0.0620% PA            1.5630% PA
For  4 years            0.0620% PA            1.8130% PA
For  5 years            0.0620% PA            1.9380% PA
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EURO                 VALUE 02.08.2021   VALUE 02.08.2021
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For  3 months and over but less than
     6 months           0.3061% PA            1.0561% PA
For  6 months and over but less than
    12 months           0.2776% PA            1.0276% PA
For 12 Months           0.2471% PA            1.1221% PA
For  2 Years            0.2471% PA            1.6221% PA
For  3 Years            0.2471% PA            1.8721% PA
For  4 years            0.2471% PA            2.1221% PA
For  5 years            0.2471% PA            2.2471% PA
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JAPANESE YEN         VALUE 02.08.2021   VALUE 02.08.2021
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For  3 months and over but less than
     6 months          -0.1535% PA            0.5965% PA
For  6 months and over but less than
    12 months          -0.1828% PA            0.5672% PA
For 12 Months          -0.1988% PA            0.6762% PA
For  2 Years           -0.1988% PA            1.1762% PA
For  3 Years           -0.1988% PA            1.4262% PA
For  4 Years           -0.1988% PA            1.6762% PA
For  5 years           -0.1988% PA            1.8012% PA
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Copyright Business Recorder, 2021