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 (September 01, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 01.09.2020   VALUE 01.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0091% PA            0.7409% PAFor  6 months and over but less than    12 Months           0.0599% PA            0.8099% PAFor 12 months           0.1953% PA            1.0703% PAFor  2 Years            0.1953% PA            1.5703% PAFor  3 Years            0.1953% PA            1.8203% PAFor  4 years            0.1953% PA            2.0703% PAFor  5 years            0.1953% PA            2.1953% PA--------------------------------------------------------POUND STERLING       VALUE 01.09.2020   VALUE 01.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1860% PA            0.5640% PAFor  6 months and over but less than    12 months          -0.1338% PA            0.6163% PAFor 12 Months          -0.0146% PA            0.8604% PAFor  2 Years           -0.0146% PA            1.3604% PAFor  3 Years           -0.0146% PA            1.6104% PAFor  4 years           -0.0146% PA            1.8604% PAFor  5 years           -0.0146% PA            1.9854% PA--------------------------------------------------------EURO                 VALUE 01.09.2020   VALUE 01.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2587% PA            1.0087% PAFor  6 months and over but less than    12 months           0.2234% PA            0.9734% PAFor 12 Months           0.1210% PA            0.9960% PAFor  2 Years            0.1210% PA            1.4960% PAFor  3 Years            0.1210% PA            1.7460% PAFor  4 years            0.1210% PA            1.9960% PAFor  5 years            0.1210% PA            2.1210% PA--------------------------------------------------------JAPANESE YEN         VALUE 01.09.2020   VALUE 01.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1922% PA            0.5578% PAFor  6 months and over but less than    12 months           0.2077% PA            0.5423% PAFor 12 Months           0.1470% PA            0.7280% PAFor  2 Years            0.1470% PA            1.2280% PAFor  3 Years            0.1470% PA            1.4780% PAFor  4 Years            0.1470% PA            1.7280% PAFor  5 years            0.1470% PA            1.8530% PA========================================================

Copyright Business Recorder, 2020