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 20, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 20-07-2020   VALUE 20-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0218% PA            0.7718% PAFor  6 months and over but less than    12 Months           0.0924% PA            0.8424% PAFor 12 months           0.2255% PA            1.1005% PAFor  2 Years            0.2255% PA            1.6005% PAFor  3 Years            0.2255% PA            1.8505% PAFor  4 years            0.2255% PA            2.1005% PAFor  5 years            0.2255% PA            2.2255% PA--------------------------------------------------------POUND STERLING       VALUE 20-07-2020   VALUE 20-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1656% PA            0.5844% PAFor  6 months and over but less than    12 months          -0.0570% PA            0.6930% PAFor 12 Months           0.0894% PA            0.9644% PAFor  2 Years            0.0894% PA            1.4644% PAFor  3 Years            0.0894% PA            1.7144% PAFor  4 years            0.0894% PA            1.9644% PAFor  5 years            0.0894% PA            2.0894% PA--------------------------------------------------------EURO                 VALUE 20-07-2020   VALUE 20-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2017% PA            0.9517% PAFor  6 months and over but less than    12 months           0.1510% PA            0.9010% PAFor 12 Months           0.0413% PA            0.9163% PAFor  2 Years            0.0413% PA            1.4163% PAFor  3 Years            0.0413% PA            1.6663% PAFor  4 years            0.0413% PA            1.9163% PAFor  5 years            0.0413% PA            2.0413% PA--------------------------------------------------------JAPANESE YEN         VALUE 20-07-2020   VALUE 20-07-2020--------------------------------------------------------For  3 months and over but less than     6 months          0.2043% PA            0.5457% PAFor  6 months and over but less than    12 months           0.2210% PA            0.5290% PAFor 12 Months           0.1477% PA            0.7273% PAFor  2 Years            0.1477% PA            1.2273% PAFor  3 Years            0.1477% PA            1.4773% PAFor  4 Years            0.1477% PA            1.7273% PAFor  5 years            0.1477% PA            1.8523% PA========================================================

Copyright Business Recorder, 2020