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 (August 10, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 10-08-2020   VALUE 10-08-2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0068% PA            0.7433% PAFor  6 months and over but less than    12 Months           0.0391% PA            0.7891% PAFor 12 months           0.1964% PA            1.0714% PAFor  2 Years            0.1964% PA            1.5714% PAFor  3 Years            0.1964% PA            1.8214% PAFor  4 years            0.1964% PA            2.0714% PAFor  5 years            0.1964% PA            2.1964% PA--------------------------------------------------------POUND STERLING       VALUE 10-08-2020   VALUE 10-08-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1754% PA            0.5746% PAFor  6 months and over but less than    12 months          -0.1244% PA            0.6256% PAFor 12 Months           0.0461% PA            0.9211% PAFor  2 Years            0.0461% PA            1.4211% PAFor  3 Years            0.0461% PA            1.6711% PAFor  4 years            0.0461% PA            1.9211% PAFor  5 years            0.0461% PA            2.0461% PA--------------------------------------------------------EURO                 VALUE 10-08-2020   VALUE 10-08-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2186% PA            0.9686% PAFor  6 months and over but less than    12 months           0.2051% PA            0.9551% PAFor 12 Months           0.0980% PA            0.9730% PAFor  2 Years            0.0980% PA            1.4730% PAFor  3 Years            0.0980% PA            1.7230% PAFor  4 years            0.0980% PA            1.9730% PAFor  5 years            0.0980% PA            2.0980% PA--------------------------------------------------------JAPANESE YEN         VALUE 10-08-2020   VALUE 10-08-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1948% PA            0.5552% PAFor  6 months and over but less than    12 months           0.2193% PA            0.5307% PAFor 12 Months           0.1467% PA            0.7283% PAFor  2 Years            0.1467% PA            1.2283% PAFor  3 Years            0.1467% PA            1.4783% PAFor  4 Years            0.1467% PA            1.7283% PAFor  5 years            0.1467% PA            1.8533% PA========================================================

Copyright Business Recorder, 2020