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 27, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 27-07-2020   VALUE 27-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0055% PA            0.7445% PAFor  6 months and over but less than    12 Months           0.0751% PA            0.8251% PAFor 12 months           0.2121% PA            1.0871% PAFor  2 Years            0.2121% PA            1.5871% PAFor  3 Years            0.2121% PA            1.8371% PAFor  4 years            0.2121% PA            2.0871% PAFor  5 years            0.2121% PA            2.2121% PA--------------------------------------------------------POUND STERLING       VALUE 27-07-2020   VALUE 27-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1690% PA            0.5810% PAFor  6 months and over but less than    12 months          -0.0739% PA            0.6761% PAFor 12 Months           0.0626% PA            0.9376% PAFor  2 Years            0.0626% PA            1.4376% PAFor  3 Years            0.0626% PA            1.6876% PAFor  4 years            0.0626% PA            1.9376% PAFor  5 years            0.0626% PA            2.0626% PA--------------------------------------------------------EURO                 VALUE 27-07-2020   VALUE 27-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1870% PA            0.9370% PAFor  6 months and over but less than    12 months           0.1650% PA            0.9150% PAFor 12 Months           0.0586% PA            0.9336% PAFor  2 Years            0.0586% PA            1.4336% PAFor  3 Years            0.0586% PA            1.6836% PAFor  4 years            0.0586% PA            1.9336% PAFor  5 years            0.0586% PA            2.0586% PA--------------------------------------------------------JAPANESE YEN         VALUE 27-07-2020   VALUE 27-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2018% PA            0.5482% PAFor  6 months and over but less than    12 months           0.2195% PA            0.5305% PAFor 12 Months           0.1493% PA            0.7257% PAFor  2 Years            0.1493% PA            1.2257% PAFor  3 Years            0.1493% PA            1.4757% PAFor  4 Years            0.1493% PA            1.7257% PAFor  5 years            0.1493% PA            1.8507% PA========================================================

Copyright Business Recorder, 2020