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 Monday (July 6, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 06-07-2020   VALUE 06-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0538% PA            0.8038% PAFor  6 months and over but less than    12 Months           0.1161% PA            0.8661% PAFor 12 months           0.2886% PA            1.1636% PAFor  2 Years            0.2886% PA            1.6636% PAFor  3 Years            0.2886% PA            1.9136% PAFor  4 years            0.2886% PA            2.1636% PAFor  5 years            0.2886% PA            2.2886% PA--------------------------------------------------------POUND STERLING       VALUE 06-07-2020   VALUE 06-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1123% PA            0.6378% PAFor  6 months and over but less than    12 months           0.0425% PA            0.7925% PAFor 12 Months           0.1765% PA            1.0515% PAFor  2 Years            0.1765% PA            1.5515% PAFor  3 Years            0.1765% PA            1.8015% PAFor  4 years            0.1765% PA            2.0515% PAFor  5 years            0.1765% PA            2.1765% PA--------------------------------------------------------EURO                 VALUE 06-07-2020   VALUE 06-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1489% PA            0.8989% PAFor  6 months and over but less than    12 months           0.0844% PA            0.8344% PAFor 12 Months          -0.0144% PA            0.8606% PAFor  2 Years           -0.0144% PA            1.3606% PAFor  3 Years           -0.0144% PA            1.6106% PAFor  4 years           -0.0144% PA            1.8606% PAFor  5 years           -0.0144% PA            1.9856% PA--------------------------------------------------------JAPANESE YEN         VALUE 06-07-2020   VALUE 06-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2030% PA            0.5470% PAFor  6 months and over but less than    12 months           0.2270% PA            0.5230% PAFor 12 Months           0.1388% PA            0.7362% PAFor  2 Years            0.1388% PA            1.2362% PAFor  3 Years            0.1388% PA            1.4862% PAFor  4 Years            0.1388% PA            1.7362% PAFor  5 years            0.1388% PA            1.8612% PA========================================================

Copyright Business Recorder, 2020