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 Thursday (September 3, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 03.09.2020   VALUE 03.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0011% PA            0.7511% PAFor  6 months and over but less than    12 Months           0.0533% PA            0.8033% PAFor 12 months           0.1826% PA            1.0576% PAFor  2 Years            0.1826% PA            1.5576% PAFor  3 Years            0.1826% PA            1.8076% PAFor  4 years            0.1826% PA            2.0576% PAFor  5 years            0.1826% PA            2.1826% PA--------------------------------------------------------POUND STERLING       VALUE 03.09.2020   VALUE 03.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1893% PA            0.5608% PAFor  6 months and over but less than    12 months          -0.1383% PA            0.6118% PAFor 12 Months          -0.0151% PA            0.8599% PAFor  2 Years           -0.0151% PA            1.3599% PAFor  3 Years           -0.0151% PA            1.6099% PAFor  4 years           -0.0151% PA            1.8599% PAFor  5 years           -0.0151% PA            1.9849% PA--------------------------------------------------------EURO                 VALUE 03.09.2020   VALUE 03.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2559% PA            1.0059% PAFor  6 months and over but less than    12 months           0.2199% PA            0.9699% PAFor 12 Months           0.1229% PA            0.9979% PAFor  2 Years            0.1229% PA            1.4979% PAFor  3 Years            0.1229% PA            1.7479% PAFor  4 years            0.1229% PA            1.9979% PAFor  5 years            0.1229% PA            2.1229% PA--------------------------------------------------------JAPANESE YEN         VALUE 03.09.2020   VALUE 03.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1895% PA            0.5605% PAFor  6 months and over but less than    12 months           0.2058% PA            0.5442% PAFor 12 Months           0.1472% PA            0.7278% PAFor  2 Years            0.1472% PA            1.2278% PAFor  3 Years            0.1472% PA            1.4778% PAFor  4 Years            0.1472% PA            1.7278% PAFor  5 years            0.1472% PA            1.8528% PA========================================================

Copyright Business Recorder, 2020