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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 Friday (February 19, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 19.02.2021   VALUE 19.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0686% PA            0.6814% PA
For  6 months and over but less than
    12 Months          -0.0523% PA            0.6978% PA
For 12 months           0.0461% PA            0.9211% PA
For  2 Years            0.0461% PA            1.4211% PA
For  3 Years            0.0461% PA            1.6711% PA
For  4 years            0.0461% PA            1.9211% PA
For  5 years            0.0461% PA            2.0461% PA
--------------------------------------------------------
POUND STERLING       VALUE 19.02.2021   VALUE 19.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1940% PA            0.5560% PA
For  6 months and over but less than
    12 months          -0.1741% PA            0.5759% PA
For 12 Months          -0.1220% PA            0.7530% PA
For  2 Years           -0.1220% PA            1.2530% PA
For  3 Years           -0.1220% PA            1.5030% PA
For  4 years           -0.1220% PA            1.7530% PA
For  5 years           -0.1220% PA            1.8780% PA
--------------------------------------------------------
EURO                 VALUE 19.02.2021   VALUE 19.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2977% PA            1.0477% PA
For  6 months and over but less than
    12 months           0.2866% PA            1.0366% PA
For 12 Months           0.2450% PA            1.1200% PA
For  2 Years            0.2450% PA            1.6200% PA
For  3 Years            0.2450% PA            1.8700% PA
For  4 years            0.2450% PA            2.1200% PA
For  5 years            0.2450% PA            2.2450% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 19.02.2021   VALUE 19.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1687% PA            0.5813% PA
For  6 months and over but less than
    12 months           0.2010% PA            0.5490% PA
For 12 Months          -0.2082% PA            0.6668% PA
For  2 Years           -0.2082% PA            1.1668% PA
For  3 Years           -0.2082% PA            1.4168% PA
For  4 Years           -0.2082% PA            1.6668% PA
For  5 years           -0.2082% PA            1.7918% PA
========================================================

Copyright Business Recorder, 2021

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