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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 (April 16, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 16.04.2021   VALUE 16.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0664% PA            0.6836% PA
For  6 months and over but less than
    12 Months          -0.0306% PA            0.7194% PA
For 12 months           0.0368% PA            0.9118% PA
For  2 Years            0.0368% PA            1.4118% PA
For  3 Years            0.0368% PA            1.6618% PA
For  4 years            0.0368% PA            1.9118% PA
For  5 years            0.0368% PA            2.0368% PA
--------------------------------------------------------
POUND STERLING       VALUE 16.04.2021   VALUE 16.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1658% PA            0.5843% PA
For  6 months and over but less than
    12 months          -0.1413% PA            0.6088% PA
For 12 Months          -0.0884% PA            0.7866% PA
For  2 Years           -0.0884% PA            1.2866% PA
For  3 Years           -0.0884% PA            1.5366% PA
For  4 years           -0.0884% PA            1.7866% PA
For  5 years           -0.0884% PA            1.9116% PA
--------------------------------------------------------
EURO                 VALUE 16.04.2021   VALUE 16.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2949% PA            1.0449% PA
For  6 months and over but less than
    12 months           0.2767% PA            1.0267% PA
For 12 Months           0.2523% PA            1.1273% PA
For  2 Years            0.2523% PA            1.6273% PA
For  3 Years            0.2523% PA            1.8773% PA
For  4 years            0.2523% PA            2.1273% PA
For  5 years            0.2523% PA            2.2523% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 16.04.2021   VALUE 16.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1777% PA            0.5723% PA
For  6 months and over but less than
    12 months           0.2018% PA            0.5482% PA
For 12 Months          -0.1977% PA            0.6773% PA
For  2 Years           -0.1977% PA            1.1773% PA
For  3 Years           -0.1977% PA            1.4273% PA
For  4 Years           -0.1977% PA            1.6773% PA
For  5 years           -0.1977% PA            1.8023% PA
========================================================

Copyright Business Recorder, 2021

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