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 (July 7, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 07-07-2020   VALUE 07-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0259% PA            0.7759% PAFor  6 months and over but less than    12 Months           0.1163% PA            0.8663% PAFor 12 months           0.2556% PA            1.1306% PAFor  2 Years            0.2556% PA            1.6306% PAFor  3 Years            0.2556% PA            1.8806% PAFor  4 years            0.2556% PA            2.1306% PAFor  5 years            0.2556% PA            2.2556% PA--------------------------------------------------------POUND STERLING       VALUE 07-07-2020   VALUE 07-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1380% PA            0.6120% PAFor  6 months and over but less than    12 months           0.0548% PA            0.8048% PAFor 12 Months           0.1716% PA            1.0466% PAFor  2 Years            0.1716% PA            1.5466% PAFor  3 Years            0.1716% PA            1.7966% PAFor  4 years            0.1716% PA            2.0466% PAFor  5 years            0.1716% PA            2.1716% PA--------------------------------------------------------EURO                 VALUE 07-07-2020   VALUE 07-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1733% PA            0.9233% PAFor  6 months and over but less than    12 months           0.0877% PA            0.8377% PAFor 12 Months          -0.0080% PA            0.8670% PAFor  2 Years           -0.0080% PA            1.3670% PAFor  3 Years           -0.0080% PA            1.6170% PAFor  4 years           -0.0080% PA            1.8670% PAFor  5 years           -0.0080% PA            1.9920% PA--------------------------------------------------------JAPANESE YEN         VALUE 07-07-2020   VALUE 07-07-2020--------------------------------------------------------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           0.2273% PA            0.5227% PAFor 12 Months           0.1420% PA            0.7330% PAFor  2 Years            0.1420% PA            1.2330% PAFor  3 Years            0.1420% PA            1.4830% PAFor  4 Years            0.1420% PA            1.7330% PAFor  5 years            0.1420% PA            1.8580% PA========================================================

Copyright Business Recorder, 2020