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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 (October 6, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 06.10.2020   VALUE 06.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0165% PA            0.7335% PA
For  6 months and over but less than
    12 Months          -0.0053% PA            0.7448% PA
For 12 months           0.1075% PA            0.9825% PA
For  2 Years            0.1075% PA            1.4825% PA
For  3 Years            0.1075% PA            1.7325% PA
For  4 years            0.1075% PA            1.9825% PA
For  5 years            0.1075% PA            2.1075% PA
--------------------------------------------------------
POUND STERLING       VALUE 06.10.2020   VALUE 06.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1939% PA            0.5561% PA
For  6 months and over but less than
    12 months          -0.1715% PA            0.5785% PA
For 12 Months          -0.0990% PA            0.7760% PA
For  2 Years           -0.0990% PA            1.2760% PA
For  3 Years           -0.0990% PA            1.5260% PA
For  4 years           -0.0990% PA            1.7760% PA
For  5 years           -0.0990% PA            1.9010% PA
--------------------------------------------------------
EURO                 VALUE 06.10.2020   VALUE 06.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2777% PA            1.0277% PA
For  6 months and over but less than
    12 months           0.2460% PA            0.9960% PA
For 12 Months           0.1897% PA            1.0647% PA
For  2 Years            0.1897% PA            1.5647% PA
For  3 Years            0.1897% PA            1.8147% PA
For  4 years            0.1897% PA            2.0647% PA
For  5 years            0.1897% PA            2.1897% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 06.10.2020   VALUE 06.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1458% PA            0.6042% PA
For  6 months and over but less than
    12 months           0.1960% PA            0.5540% PA
For 12 Months           0.2055% PA            0.6695% PA
For  2 Years            0.2055% PA            1.1695% PA
For  3 Years            0.2055% PA            1.4195% PA
For  4 Years            0.2055% PA            1.6695% PA
For  5 years            0.2055% PA            1.7945% PA
========================================================

Copyright Business Recorder, 2020

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