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 Wednesday (August 25, 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 25.08.2021   VALUE 25.08.2021
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For  3 months and over but less than
     6 months           0.1208% PA            0.6293% PA
For  6 months and over but less than
    12 Months           0.0970% PA            0.6530% 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 25.08.2021   VALUE 25.08.2021
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For  3 months and over but less than
     6 Months           0.1834% PA            0.5666% PA
For  6 months and over but less than
    12 months           0.1564% PA            0.5936% PA
For 12 Months           0.0371% PA            0.8379% PA
For  2 Years            0.0371% PA            1.3379% PA
For  3 Years            0.0371% PA            1.5879% PA
For  4 years            0.0371% PA            1.8379% PA
For  5 years            0.0371% PA            1.9629% PA
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EURO                 VALUE 25.08.2021   VALUE 25.08.2021
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For  3 months and over but less than
     6 months           0.3111% PA            1.0611% PA
For  6 months and over but less than
    12 months           0.2964% PA            1.0464% PA
For 12 Months           0.2507% PA            1.1257% PA
For  2 Years            0.2507% PA            1.6257% PA
For  3 Years            0.2507% PA            1.8757% PA
For  4 years            0.2507% PA            2.1257% PA
For  5 years            0.2507% PA            2.2507% PA
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JAPANESE YEN         VALUE 25.08.2021   VALUE 25.08.2021
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For  3 months and over but less than
     6 months          -0.1523% PA            0.5977% PA
For  6 months and over but less than
    12 months          -0.1823% PA            0.5677% PA
For 12 Months          -0.1937% PA            0.6813% PA
For  2 Years           -0.1937% PA            1.1813% PA
For  3 Years           -0.1937% PA            1.4313% PA
For  4 Years           -0.1937% PA            1.6813% PA
For  5 years           -0.1937% PA            1.8063% PA
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Copyright Business Recorder, 2021