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 Wednesday (February 24, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 24.02.2021   VALUE 24.02.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.0745% PA            0.6755% PAFor  6 months and over but less than    12 Months          -0.0460% PA            0.7040% PAFor 12 months           0.0355% PA            0.9105% PAFor  2 Years            0.0355% PA            1.4105% PAFor  3 Years            0.0355% PA            1.6605% PAFor  4 years            0.0355% PA            1.9105% PAFor  5 years            0.0355% PA            2.0355% PA--------------------------------------------------------POUND STERLING       VALUE 24.02.2021   VALUE 24.02.2021--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1899% PA            0.5601% PAFor  6 months and over but less than    12 months          -0.1711% PA            0.5789% PAFor 12 Months          -0.1199% PA            0.7551% PAFor  2 Years           -0.1199% PA            1.2551% PAFor  3 Years           -0.1199% PA            1.5051% PAFor  4 years           -0.1199% PA            1.7551% PAFor  5 years           -0.1199% PA            1.8801% PA--------------------------------------------------------EURO                 VALUE 24.02.2021   VALUE 24.02.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2966% PA            1.0466% PAFor  6 months and over but less than    12 months           0.2774% PA            1.0274% PAFor 12 Months           0.2413% PA            1.1163% PAFor  2 Years            0.2413% PA            1.6163% PAFor  3 Years            0.2413% PA            1.8663% PAFor  4 years            0.2413% PA            2.1163% PAFor  5 years            0.2413% PA            2.2413% PA--------------------------------------------------------JAPANESE YEN         VALUE 24.02.2021   VALUE 24.02.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1758% PA            0.5742% PAFor  6 months and over but less than    12 months           0.2053% PA            0.5447% PAFor 12 Months          -0.1998% PA            0.6752% PAFor  2 Years           -0.1998% PA            1.1752% PAFor  3 Years           -0.1998% PA            1.4252% PAFor  4 Years           -0.1998% PA            1.6752% PAFor  5 years           -0.1998% PA            1.8002% PA========================================================

Copyright Business Recorder, 2021