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 Friday (December 18, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 18.12.2020   VALUE 18.12.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0136% PA            0.7364% PAFor  6 months and over but less than    12 Months           0.0055% PA            0.7555% 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 18.12.2020   VALUE 18.12.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2040% PA            0.5460% PAFor  6 months and over but less than    12 months          -0.2078% PA            0.5423% PAFor 12 Months          -0.1354% PA            0.7396% PAFor  2 Years           -0.1354% PA            1.2396% PAFor  3 Years           -0.1354% PA            1.4896% PAFor  4 years           -0.1354% PA            1.7396% PAFor  5 years           -0.1354% PA            1.8646% PA--------------------------------------------------------EURO                 VALUE 18.12.2020   VALUE 18.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.3159% PA            1.0659% PAFor  6 months and over but less than    12 months           0.2880% PA            1.0380% PAFor 12 Months           0.2420% PA            1.1170% PAFor  2 Years            0.2420% PA            1.6170% PAFor  3 Years            0.2420% PA            1.8670% PAFor  4 years            0.2420% PA            2.1170% PAFor  5 years            0.2420% PA            2.2420% PA--------------------------------------------------------JAPANESE YEN         VALUE 18.12.2020   VALUE 18.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1520% PA            0.5980% PAFor  6 months and over but less than    12 months           0.1905% PA            0.5595% PAFor 12 Months           0.1948% PA            0.6802% PAFor  2 Years            0.1948% PA            1.1802% PAFor  3 Years            0.1948% PA            1.4302% PAFor  4 Years            0.1948% PA            1.6802% PAFor  5 years            0.1948% PA            1.8052% PA========================================================

Copyright Business Recorder, 2020