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 (July 3, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 03-07-2020   VALUE 03-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0520% PA            1.8020% PAFor  6 months and over but less than    12 Months           0.1193% PA            1.8693% PAFor 12 months           0.2958% PA            1.1708% PAFor  2 Years            0.2958% PA            1.6708% PAFor  3 Years            0.2958% PA            2.9208% PAFor  4 years            0.2958% PA            2.1708% PAFor  5 years            0.2958% PA            2.2958% PA--------------------------------------------------------POUND STERLING       VALUE 03-07-2020   VALUE 03-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months           0.1091% PA            0.6409% PAFor  6 months and over but less than    12 months           0.0444% PA            0.7944% PAFor 12 Months           0.1786% PA            0.0536% PAFor  2 Years            0.1786% PA            1.5536% PAFor  3 Years            0.1786% PA            1.8036% PAFor  4 years            0.1786% PA            2.0536% PAFor  5 years            0.1786% PA            2.1786% PA--------------------------------------------------------EURO                 VALUE 03-07-2020   VALUE 03-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1720% PA            0.9220% PAFor  6 months and over but less than    12 months          -0.0694% PA            0.8194% PAFor 12 Months          -0.0043% PA            0.8707% PAFor  2 Years           -0.0043% PA            1.3707% PAFor  3 Years           -0.0043% PA            1.6207% PAFor  4 years           -0.0043% PA            1.8707% PAFor  5 years           -0.0043% PA            1.9957% PA--------------------------------------------------------JAPANESE YEN         VALUE 03-07-2020   VALUE 03-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2028% PA            0.5472% PAFor  6 months and over but less than    12 months           0.2332% PA            0.5168% PAFor 12 Months           0.1362% PA            0.7388% PAFor  2 Years            0.1362% PA            1.2388% PAFor  3 Years            0.1362% PA            1.4888% PAFor  4 Years            0.1362% PA            1.7388% PAFor  5 years            0.1362% PA            1.8638% PA========================================================

Copyright Business Recorder, 2020