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 (September 27, 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 27.09.2021   VALUE 27.09.2021
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For  3 months and over but less than
     6 months          -0.1178% PA            0.6323% PA
For  6 months and over but less than
    12 Months          -0.0950% PA            0.6550% PA
For 12 months          -0.0210% PA            0.8540% PA
For  2 Years           -0.0210% PA            1.3540% PA
For  3 Years           -0.0210% PA            1.6040% PA
For  4 years           -0.0210% PA            1.8540% PA
For  5 years           -0.0210% PA            1.9790% PA
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POUND STERLING       VALUE 27.09.2021   VALUE 27.09.2021
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For  3 months and over but less than
     6 Months          -0.1736% PA            0.5764% PA
For  6 months and over but less than
    12 months          -0.1351% PA            0.6149% PA
For 12 Months           0.0235% PA            0.8985% PA
For  2 Years            0.0235% PA            1.3985% PA
For  3 Years            0.0235% PA            1.6485% PA
For  4 years            0.0235% PA            1.8985% PA
For  5 years            0.0253% PA            2.0235% PA
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EURO                 VALUE 27.09.2021   VALUE 27.09.2021
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For  3 months and over but less than
     6 months           0.3060% PA            1.0560% PA
For  6 months and over but less than
    12 months           0.2869% PA            1.0369% PA
For 12 Months           0.2477% PA            1.1227% PA
For  2 Years            0.2477% PA            1.6227% PA
For  3 Years            0.2477% PA            1.8727% PA
For  4 years            0.2477% PA            2.1227% PA
For  5 years            0.2477% PA            2.2477% PA
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JAPANESE YEN         VALUE 27.09.2021   VALUE 27.09.2021
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For  3 months and over but less than
     6 months           0.1787% PA            0.5505% PA
For  6 months and over but less than
For 12 Months           0.1880% PA            0.6870% PA
For  2 Years            0.1880% PA            1.1870% PA
For  3 Years            0.1880% PA            1.4370% PA
For  4 Years            0.1880% PA            1.6870% PA
For  5 years            0.1880% PA            1.8120% PA
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Copyright Business Recorder, 2021