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 (December 1, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 01.12.2020   VALUE 01.12.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0246% PA            0.7254% PAFor  6 months and over but less than    12 Months           0.0804% PA            0.7574% PAFor 12 months           0.0804% PA            0.9554% PAFor  2 Years            0.0804% PA            1.4554% PAFor  3 Years            0.0804% PA            1.7054% PAFor  4 years            0.0804% PA            1.9554% PAFor  5 years            0.0804% PA            2.0804% PA--------------------------------------------------------POUND STERLING       VALUE 01.12.2020   VALUE 01.12.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2085% PA            0.5415% PAFor  6 months and over but less than    12 months          -0.1871% PA            0.5629% PAFor 12 Months          -0.1169% PA            0.7581% PAFor  2 Years           -0.1169% PA            1.2581% PAFor  3 Years           -0.1169% PA            1.5081% PAFor  4 years           -0.1169% PA            1.7581% PAFor  5 years           -0.1169% PA            1.8831% PA--------------------------------------------------------EURO                 VALUE 01.12.2020   VALUE 01.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2953% PA            1.0453% PAFor  6 months and over but less than    12 months           0.2651% PA            1.0151% PAFor 12 Months           0.2274% PA            1.1024% PAFor  2 Years            0.2274% PA            1.6024% PAFor  3 Years            0.2274% PA            1.8524% PAFor  4 years            0.2274% PA            2.1024% PAFor  5 years            0.2274% PA            2.2274% PA--------------------------------------------------------JAPANESE YEN         VALUE 01.12.2020   VALUE 01.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1350% PA            0.6150% PAFor  6 months and over but less than    12 months           0.1858% PA            0.5642% PAFor 12 Months           0.1990% PA            0.6760% PAFor  2 Years            0.1990% PA            1.1760% PAFor  3 Years            0.1990% PA            1.4260% PAFor  4 Years            0.1990% PA            1.6760% PAFor  5 years            0.1990% PA            1.8010% PA========================================================

Copyright Business Recorder, 2020