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 (September 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 02.09.2021   VALUE 02.09.2021
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For  3 months and over but less than
     6 months           0.1304% PA            0.6196% PA
For  6 months and over but less than
    12 Months           0.1004% PA            0.6496% PA
For 12 months          -0.0221% PA            0.8529% PA
For  2 Years           -0.0221% PA            1.3529% PA
For  3 Years           -0.0221% PA            1.6029% PA
For  4 years           -0.0221% PA            1.8529% PA
For  5 years           -0.0221% PA            1.9779% PA
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POUND STERLING       VALUE 02.09.2021   VALUE 02.09.2021
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For  3 months and over but less than
     6 Months           0.1816% PA            0.5684% PA
For  6 months and over but less than
    12 months           0.1518% PA            0.5983% PA
For 12 Months           0.0305% PA            0.8445% PA
For  2 Years            0.0305% PA            1.3445% PA
For  3 Years            0.0305% PA            1.5945% PA
For  4 years            0.0305% PA            1.8445% PA
For  5 years            0.0305% PA            1.9695% PA
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EURO                 VALUE 02.09.2021   VALUE 02.09.2021
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For  3 months and over but less than
     6 months           0.3094% PA            1.0594% PA
For  6 months and over but less than
    12 months           0.2927% PA            1.0427% PA
For 12 Months           0.2469% PA            1.1219% PA
For  2 Years            0.2469% PA            1.6219% PA
For  3 Years            0.2469% PA            1.8719% PA
For  4 years            0.2469% PA            2.1219% PA
For  5 years            0.2469% PA            2.2469% PA
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JAPANESE YEN         VALUE 02.09.2021   VALUE 02.09.2021
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For  3 months and over but less than
     6 months          -0.1513% PA            0.5987% PA
For  6 months and over but less than
    12 months          -0.1693% PA            0.5807% 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