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 3, 2021).

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INTEREST PAYABLE ON FE DEPOSITS
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                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
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U.S. DOLLARS         VALUE 03.02.2021   VALUE 03.02.2021
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For  3 months and over but less than
     6 months          -0.0545% PA            0.6955% PA
For  6 months and over but less than
    12 Months          -0.0350% PA            0.7150% PA
For 12 months           0.0555% PA            0.9305% PA
For  2 Years            0.0555% PA            1.4305% PA
For  3 Years            0.0555% PA            1.6805% PA
For  4 years            0.0555% PA            1.9305% PA
For  5 years            0.0555% PA            2.0555% PA
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POUND STERLING       VALUE 03.02.2021   VALUE 03.02.2021
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For  3 months and over but less than
     6 Months          -0.2094% PA            0.5406% PA
For  6 months and over but less than
    12 months          -0.2031% PA            0.5469% PA
For 12 Months          -0.1614% PA            0.7136% PA
For  2 Years           -0.1614% PA            1.2136% PA
For  3 Years           -0.1614% PA            1.4636% PA
For  4 years           -0.1614% PA            1.7136% PA
For  5 years           -0.1614% PA            1.8386% PA
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EURO                 VALUE 03.02.2021   VALUE 03.02.2021
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For  3 months and over but less than
     6 months           0.2933% PA            1.0433% PA
For  6 months and over but less than
    12 months           0.2834% PA            1.0334% PA
For 12 Months           0.2606% PA            1.1356% PA
For  2 Years            0.2606% PA            1.6356% PA
For  3 Years            0.2606% PA            1.8856% PA
For  4 years            0.2606% PA            2.1356% PA
For  5 years            0.2606% PA            2.2606% PA
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JAPANESE YEN         VALUE 03.02.2021   VALUE 03.02.2021
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For  3 months and over but less than
     6 months           0.1552% PA            0.5948% PA
For  6 months and over but less than
    12 months           0.1857% PA            0.5643% PA
For 12 Months           0.2095% PA            0.6655% PA
For  2 Years            0.2095% PA            1.1655% PA
For  3 Years            0.2095% PA            1.4155% PA
For  4 Years            0.2095% PA            1.6655% PA
For  5 years            0.2095% PA            1.7905% PA
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Copyright Business Recorder, 2021