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 Tuesday (September 8, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 08 09 2020   VALUE 08 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 08-09 2020   VALUE 08 09 2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1833% PA            0.5668% PAFor  6 months and over but less than    12 months          -0.1276% PA            0.6224% PAFor 12 Months          -0.0309% PA            0.8441% PAFor  2 Years           -0.0309% PA            1.3441% PAFor  3 Years           -0.0309% PA            1.5941% PAFor  4 years           -0.0309% PA            1.8441% PAFor  5 years           -0.0309% PA            1.9691% PA--------------------------------------------------------EURO                 VALUE 08 09 2020   VALUE 08 09 2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2567% PA            1.0067% PAFor  6 months and over but less than    12 months           0.2353% PA            0.9853% PAFor 12 Months           0.1479% PA            1.0229% PAFor  2 Years            0.1479% PA            1.5229% PAFor  3 Years            0.1479% PA            1.7729% PAFor  4 years            0.1479% PA            2.0229% PAFor  5 years            0.1479% PA            2.1479% PA--------------------------------------------------------JAPANESE YEN         VALUE 08 09 2020   VALUE 08 09 2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1738% PA            0.5762% PAFor  6 months and over but less than    12 months           0.2048% PA            0.5452% 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