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 24, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 24.12.2020   VALUE 24.12.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0119% PA            0.7381% PAFor  6 months and over but less than    12 Months           0.0128% PA            0.7628% PAFor 12 months           0.0873% PA            0.9623% PAFor  2 Years            0.0873% PA            1.4623% PAFor  3 Years            0.0873% PA            1.7123% PAFor  4 years            0.0873% PA            1.9623% PAFor  5 years            0.0873% PA            2.0873% PA--------------------------------------------------------POUND STERLING       VALUE 24.12.2020   VALUE 24.12.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2226% PA            0.5274% PAFor  6 months and over but less than    12 months          -0.2194% PA            0.5306% PAFor 12 Months          -0.1621% PA            0.7129% PAFor  2 Years           -0.1621% PA            1.2129% PAFor  3 Years           -0.1621% PA            1.4629% PAFor  4 years           -0.1621% PA            1.7129% PAFor  5 years           -0.1621% PA            1.8379% PA--------------------------------------------------------EURO                 VALUE 24.12.2020   VALUE 24.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.3230% PA            1.0730% PAFor  6 months and over but less than    12 months           0.2833% PA            1.0333% PAFor 12 Months           0.2363% PA            1.1113% PAFor  2 Years            0.2363% PA            1.6113% PAFor  3 Years            0.2363% PA            1.8613% PAFor  4 years            0.2363% PA            2.1113% PAFor  5 years            0.2363% PA            2.2363% PA--------------------------------------------------------JAPANESE YEN         VALUE 24.12.2020   VALUE 24.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1533% PA            0.5967% PAFor  6 months and over but less than    12 months           0.1875% PA            0.5625% PAFor 12 Months           0.1962% PA            0.6788% PAFor  2 Years            0.1962% PA            1.1788% PAFor  3 Years            0.1962% PA            1.4288% PAFor  4 Years            0.1962% PA            1.6788% PAFor  5 years            0.1962% PA            1.8038% PA========================================================

Copyright Business Recorder, 2020