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 Saturday (September 18, 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 20.09.2021   VALUE 20.09.2021
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For  3 months and over but less than
     6 months          -0.1280% PA            0.6220% PA
For  6 months and over but less than
    12 Months          -0.1005% PA            0.6495% PA
For 12 months          -0.0258% PA            0.8493% PA
For  2 Years           -0.0258% PA            1.3493% PA
For  3 Years           -0.0258% PA            1.5993% PA
For  4 years           -0.0258% PA            1.8493% PA
For  5 years           -0.0258% PA            1.9743% PA
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POUND STERLING       VALUE 20.09.2021   VALUE 20.09.2021
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For  3 months and over but less than
     6 Months          -0.1791% PA            0.5709% PA
For  6 months and over but less than
    12 months          -0.1419% PA            0.6081% PA
For 12 Months           0.0075% PA            0.8825% PA
For  2 Years            0.0075% PA            1.3825% PA
For  3 Years            0.0075% PA            1.6325% PA
For  4 years            0.0075% PA            1.8825% PA
For  5 years            0.0075% PA            2.0075% PA
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EURO                 VALUE 20.09.2021   VALUE 20.09.2021
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For  3 months and over but less than
     6 months          -0.1602% PA            0.5898% PA
For  6 months and over but less than
    12 months          -0.1873% PA            0.5627% PA
For 12 Months          -0.1892% PA            0.6858% PA
For  2 Years           -0.1892% PA            1.1858% PA
For  3 Years           -0.1892% PA            1.4358% PA
For  4 years           -0.1892% PA            2.6858% PA
For  5 years           -0.1892% PA            2.8108% PA
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JAPANESE YEN         VALUE 20.09.2021   VALUE 20.09.2021
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For  3 months and over but less than
     6 months           0.1595% PA            0.5905% PA
For  6 months and over but less than
    12 months           0.1850% PA            0.5650% PA
For 12 Months           0.1888% PA            0.6862% PA
For  2 Years            0.1888% PA            1.1862% PA
For  3 Years            0.1888% PA            1.4362% PA
For  4 Years            0.1888% PA            1.6862% PA
For  5 years            0.1888% PA            1.8112% PA
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Copyright Business Recorder, 2021