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 30, 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 30.09.2021   VALUE 30.09.2021
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For  3 months and over but less than
     6 months          -0.1185% PA            0.6315% PA
For  6 months and over but less than
    12 Months          -0.0921% PA            0.6579% PA
For 12 months          -0.0115% PA            0.8635% PA
For  2 Years           -0.0115% PA            1.3635% PA
For  3 Years           -0.0115% PA            1.6135% PA
For  4 years           -0.0115% PA            1.8635% PA
For  5 years           -0.0115% PA            1.9885% PA
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POUND STERLING       VALUE 30.09.2021   VALUE 30.09.2021
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For  3 months and over but less than
     6 Months          -0.1650% PA            0.5850% PA
For  6 months and over but less than
    12 months          -0.0933% PA            0.6568% PA
For 12 Months           0.0996% PA            0.9746% PA
For  2 Years            0.0996% PA            1.4746% PA
For  3 Years            0.0996% PA            1.7246% PA
For  4 years            0.0996% PA            1.9746% PA
For  5 years            0.0996% PA            2.0996% PA
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EURO                 VALUE 30.09.2021   VALUE 30.09.2021
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For  3 months and over but less than
     6 months           0.3069% PA            1.0569% PA
For  6 months and over but less than
    12 months           0.2833% PA            1.0333% PA
For 12 Months           0.2424% PA            1.1174% PA
For  2 Years            0.2424% PA            1.6174% PA
For  3 Years            0.2424% PA            1.8674% PA
For  4 years            0.2424% PA            2.1174% PA
For  5 years            0.2424% PA            2.2424% PA
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JAPANESE YEN         VALUE 30.09.2021   VALUE 30.09.2021
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For  3 months and over but less than
     6 months           0.1835% PA            0.5665% PA
For  6 months and over but less than
    12 months           0.2057% PA            0.5443% PA
For 12 Months           0.1857% PA            0.6893% PA
For  2 Years            0.1857% PA            1.1893% PA
For  3 Years            0.1857% PA            1.4393% PA
For  4 Years            0.1857% PA            1.6893% PA
For  5 years            0.1857% PA            1.8143% PA
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Copyright Business Recorder, 2021