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 (December 3, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 03.12.2020   VALUE 03.12.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0180% PA            0.7320% PAFor  6 months and over but less than    12 Months           0.0087% PA            0.7588% PAFor 12 months           0.0831% PA            0.9581% PAFor  2 Years            0.0831% PA            1.4581% PAFor  3 Years            0.0831% PA            1.7081% PAFor  4 years            0.0831% PA            1.9581% PAFor  5 years            0.0831% PA            2.0831% PA--------------------------------------------------------POUND STERLING       VALUE 03.12.2020   VALUE 03.12.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2083% PA            0.5418% PAFor  6 months and over but less than    12 months          -0.1890% PA            0.5610% PAFor 12 Months          -0.1190% PA            0.7585% PAFor  2 Years           -0.1165% PA            1.2585% PAFor  3 Years           -0.1165% PA            1.5085% PAFor  4 years           -0.1165% PA            1.7585% PAFor  5 years           -0.1165% PA            1.8835% PA--------------------------------------------------------EURO                 VALUE 03.12.2020   VALUE 03.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.3004% PA            1.0504% PAFor  6 months and over but less than    12 months           0.2669% PA            1.0169% PAFor 12 Months           0.2291% PA            1.1041% PAFor  2 Years            0.2291% PA            1.6041% PAFor  3 Years            0.2291% PA            1.8541% PAFor  4 years            0.2291% PA            2.1041% PAFor  5 years            0.2291% PA            2.2291% PA--------------------------------------------------------JAPANESE YEN         VALUE 03.12.2020   VALUE 03.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1322% PA            0.6178% PAFor  6 months and over but less than    12 months           0.1857% PA            0.5643% PAFor 12 Months           0.2005% PA            0.6745% PAFor  2 Years            0.2005% PA            1.1745% PAFor  3 Years            0.2005% PA            1.4245% PAFor  4 Years            0.2005% PA            1.6745% PAFor  5 years            0.2005% PA            1.7995% PA========================================================

Copyright Business Recorder, 2020