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 (October 5, 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 05.10.2021   VALUE 05.10.2021
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For  3 months and over but less than
     6 months          -0.1169% PA            0.6331% PA
For  6 months and over but less than
    12 Months          -0.0930% PA            0.6570% PA
For 12 months          -0.0151% PA            0.8599% PA
For  2 Years           -0.0151% PA            1.3599% PA
For  3 Years           -0.0151% PA            1.6099% PA
For  4 years           -0.0151% PA            1.8599% PA
For  5 years           -0.0151% PA            1.9849% PA
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POUND STERLING       VALUE 05.10.2021   VALUE 05.10.2021
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For  3 months and over but less than
     6 Months          -0.1653% PA            0.5848% PA
For  6 months and over but less than
    12 months          -0.0855% PA            0.6645% PA
For 12 Months           0.1196% PA            0.9946% PA
For  2 Years            0.1196% PA            1.4946% PA
For  3 Years            0.1196% PA            1.7446% PA
For  4 years            0.1196% PA            1.9946% PA
For  5 years            0.1196% PA            2.1196% PA
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EURO                 VALUE 05.10.2021   VALUE 05.10.2021
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For  3 months and over but less than
     6 months           0.3146% PA            1.0646% PA
For  6 months and over but less than
    12 months           0.2869% PA            1.0369% PA
For 12 Months           0.2399% PA            1.1149% PA
For  2 Years            0.2399% PA            1.6149% PA
For  3 Years            0.2399% PA            1.8649% PA
For  4 years            0.2399% PA            2.1149% PA
For  5 years            0.2399% PA            2.2399% PA
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JAPANESE YEN         VALUE 05.10.2021   VALUE 05.10.2021
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For  3 months and over but less than
     6 months           0.1698% PA            0.5802% PA
For  6 months and over but less than
    12 months           0.2075% PA            0.5425% PA
For 12 Months           0.1847% PA            0.6903% PA
For  2 Years            0.1847% PA            1.1903% PA
For  3 Years            0.1847% PA            1.4403% PA
For  4 Years            0.1847% PA            1.6903% PA
For  5 years            0.1847% PA            1.8153% PA
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Copyright Business Recorder, 2021