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 21, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 21-07-2020   VALUE 21-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0214% PA            0.7714% PAFor  6 months and over but less than    12 Months           0.0836% PA            0.8336% PAFor 12 months           0.2200% PA            1.0950% PAFor  2 Years            0.2200% PA            1.5950% PAFor  3 Years            0.2200% PA            1.8450% PAFor  4 years            0.2200% PA            2.0950% PAFor  5 years            0.2200% PA            2.2200% PA--------------------------------------------------------POUND STERLING       VALUE 21-07-2020   VALUE 21-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1724% PA            0.5776% PAFor  6 months and over but less than    12 months          -0.0626% PA            0.6874% PAFor 12 Months           0.0793% PA            0.9543% PAFor  2 Years            0.0793% PA            1.4543% PAFor  3 Years            0.0793% PA            1.7043% PAFor  4 years            0.0793% PA            1.9543% PAFor  5 years            0.0793% PA            2.0793% PA--------------------------------------------------------EURO                 VALUE 21-07-2020   VALUE 21-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1941% PA            0.9441% PAFor  6 months and over but less than    12 months           0.1511% PA            0.9011% PAFor 12 Months           0.0434% PA            0.9184% PAFor  2 Years            0.0434% PA            1.4184% PAFor  3 Years            0.0434% PA            1.6684% PAFor  4 years            0.0434% PA            1.9184% PAFor  5 years            0.0434% PA            2.0434% PA--------------------------------------------------------JAPANESE YEN         VALUE 21-07-2020   VALUE 21-07-2020--------------------------------------------------------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