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 22, 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 22.10.2021   VALUE 22.10.2021
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For  3 months and over but less than
     6 months          -0.1218% PA            0.6283% PA
For  6 months and over but less than
    12 Months          -0.0795% PA            0.6705% PA
For 12 months           0.0468% PA            0.9218% PA
For  2 Years            0.0468% PA            1.4218% PA
For  3 Years            0.0468% PA            1.6718% PA
For  4 years            0.0468% PA            1.9218% PA
For  5 years            0.0468% PA            2.0468% PA
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POUND STERLING       VALUE 22.10.2021   VALUE 22.10.2021
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For  3 months and over but less than
     6 Months          -0.0388% PA            0.7113% PA
For  6 months and over but less than
    12 months           0.1715% PA            0.9215% PA
For 12 Months           0.4771% PA            1.3521% PA
For  2 Years            0.4771% PA            1.8521% PA
For  3 Years            0.4771% PA            2.1021% PA
For  4 years            0.4771% PA            2.3521% PA
For  5 years            0.4771% PA            2.4771% PA
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EURO                 VALUE 22.10.2021   VALUE 22.10.2021
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For  3 months and over but less than
     6 months           0.3223% PA            1.0723% PA
For  6 months and over but less than
    12 months           0.2944% PA            1.0444% PA
For 12 Months           0.2347% PA            1.1097% PA
For  2 Years            0.2347% PA            1.6097% PA
For  3 Years            0.2347% PA            1.8597% PA
For  4 years            0.2347% PA            2.1097% PA
For  5 years            0.2347% PA            2.2347% PA
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JAPANESE YEN         VALUE 22.10.2021   VALUE 22.10.2021
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For  3 months and over but less than
     6 months           0.1657% PA            0.5843% PA
For  6 months and over but less than
    12 months           0.1870% PA            0.5630% PA
For 12 Months           0.1900% PA            0.6850% PA
For  2 Years            0.1900% PA            1.1850% PA
For  3 Years            0.1900% PA            1.4350% PA
For  4 Years            0.1900% PA            1.6850% PA
For  5 years            0.1900% PA            1.8100% PA
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Copyright Business Recorder, 2021