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 7, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 07.09.2020   VALUE 07.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0005% PA            0.7495% PAFor  6 months and over but less than    12 Months           0.0373% PA            0.7873% PAFor 12 months           0.1763% PA            1.0513% PAFor  2 Years            0.1763% PA            1.5513% PAFor  3 Years            0.1763% PA            1.8013% PAFor  4 years            0.1763% PA            2.0513% PAFor  5 years            0.1763% PA            2.1763% PA--------------------------------------------------------POUND STERLING       VALUE 07.09.2020   VALUE 07.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1771% PA            0.5729% PAFor  6 months and over but less than    12 months          -0.1261% PA            0.6239% PAFor 12 Months          -0.0264% PA            0.8486% PAFor  2 Years           -0.0264% PA            1.3486% PAFor  3 Years           -0.0264% PA            1.5986% PAFor  4 years           -0.0264% PA            1.8486% PAFor  5 years           -0.0264% PA            1.9736% PA--------------------------------------------------------EURO                 VALUE 07.09.2020   VALUE 07.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2511% PA            1.0011% PAFor  6 months and over but less than    12 months           0.2281% PA            0.9781% PAFor 12 Months           0.1409% PA            1.0159% PAFor  2 Years            0.1409% PA            1.5159% PAFor  3 Years            0.1409% PA            1.7659% PAFor  4 years            0.1409% PA            2.0159% PAFor  5 years            0.1409% PA            2.1409% PA--------------------------------------------------------JAPANESE YEN         VALUE 07.09.2020   VALUE 07.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1917% PA            0.5583% PAFor  6 months and over but less than    12 months           0.2033% PA            0.5467% PAFor 12 Months           0.1590% PA            0.7160% PAFor  2 Years            0.1590% PA            1.2160% PAFor  3 Years            0.1590% PA            1.4660% PAFor  4 Years            0.1590% PA            1.7160% PAFor  5 years            0.1590% PA            1.8410% PA========================================================

Copyright Business Recorder, 2020