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 Friday (October 15, 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 15.10.2021   VALUE 15.10.2021
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For  3 months and over but less than
     6 months          -0.1263% PA            0.6238% PA
For  6 months and over but less than
    12 Months          -0.0933% PA            0.6568% PA
For 12 months           0.0158% PA            0.8908% PA
For  2 Years            0.0158% PA            1.3908% PA
For  3 Years            0.0158% PA            1.6408% PA
For  4 years            0.0158% PA            1.8908% PA
For  5 years            0.0158% PA            2.0158% PA
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POUND STERLING       VALUE 15.10.2021   VALUE 15.10.2021
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For  3 months and over but less than
     6 Months          -0.1249% PA            0.6251% PA
For  6 months and over but less than
    12 months           0.0225% PA            0.7725% PA
For 12 Months           0.2895% PA            1.1645% PA
For  2 Years            0.2895% PA            1.6645% PA
For  3 Years            0.2895% PA            1.9145% PA
For  4 years            0.2895% PA            2.1645% PA

For  5 years            0.2895% PA            2.2895% PA
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EURO                 VALUE 15.10.2021   VALUE 15.10.2021
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For  3 months and over but less than
     6 months           0.3187% PA            1.0687% PA
For  6 months and over but less than
    12 months           0.2909% PA            1.0409% PA
For 12 Months           0.2363% PA            1.1113% PA
For  2 Years            0.2363% PA            1.6113% PA
For  3 Years            0.2363% PA            1.8613% PA
For  4 years            0.2363% PA            2.1113% PA
For  5 years            0.2363% PA            2.2363% PA
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JAPANESE YEN         VALUE 15.10.2021   VALUE 15.10.2021
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For  3 months and over but less than
     6 months           0.1675% PA            0.5825% PA
For  6 months and over but less than
    12 months           0.1875% PA            0.5625% PA
For 12 Months           0.1885% PA            0.6865% PA
For  2 Years            0.1885% PA            1.1865% PA
For  3 Years            0.1885% PA            1.4365% PA
For  4 Years            0.1885% PA            1.6865% PA
For  5 years            0.1885% PA            1.8115% PA
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Copyright Business Recorder, 2021