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 (September 7, 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 07.09.2021   VALUE 07.09.2021
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For  3 months and over but less than 
     6 months        -0.1324% PA              0.6176% PA
For  6 months and over but less than 
    12 Months        -0.1024% PA              0.6476% PA
For 12 months        -0.0273% PA              0.8478% PA
For  2 Years         -0.0273% PA              1.3478% PA
For  3 Years         -0.0273% PA              1.5978% PA
For  4 years         -0.0273% PA              1.8478% PA
For  5 years         -0.0273% PA              1.9728% PA
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POUND STERLING       VALUE 07.09.2021   VALUE 07.09.2021
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For  3 months and over but less than 
     6 Months        -0.1865% PA              0.5635% PA
For  6 months and over but less than
    12 months        -0.1513% PA              0.5988% PA
For 12 Months        -0.0329% PA              0.8421% PA
For  2 Years         -0.0329% PA              1.3421% PA
For  3 Years         -0.0329% PA              1.5921% PA
For  4 years         -0.0329% PA              1.8421% PA
For  5 years         -0.0329% PA              1.9671% PA
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EURO                 VALUE 07.09.2021   VALUE 07.09.2021
For  3 months and over but less than
     6 months        0.3146% PA               1.0646% PA
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For  6 months and over but less than
     12 months       0.2890% PA               1.0390% PA
For 12 Months        0.2493% PA               1.1243% PA
For  2 Years         0.2493% PA               1.6243% PA
For  3 Years         0.2493% PA               1.8743% PA
For  4 years         0.2493% PA               2.1243% PA
For  5 years         0.2493% PA               2.2493% PA
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JAPANESE YEN         VALUE 07.09.2021   VALUE 07.09.2021
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For  3 months and over but less than
     6 months        0.1548% PA               0.5952% PA
For  6 months and over but less than
    12 months        0.1655% PA               0.5845% PA
For 12 Months        0.1923% PA               0.6827% PA
For  2 Years         0.1923% PA               1.1827% PA
For  3 Years         0.1923% PA               1.4327% PA
For  4 Years         0.1923% PA               1.6827% PA
For  5 years         0.1923% PA               1.8077% PA
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Copyright Business Recorder, 2021