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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 (August 10, 2004).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 11-08-2004 Value 11-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.4200% PA 2.1700% PA
For 6 months and over but less than
12 months 1.6100% PA 2.3600% PA
For 12 months 1.9438% PA 2.8188% PA
For 2 years 1.9438% PA 3.3188% PA
For 3 years 1.9438% PA 3.5688% PA
For 4 years 1.9438% PA 3.8188% PA
For 5 years 1.9438% PA 3.9438% PA
-------------------------------------------------------
POUND STERLING Value 10-08-2004 Value 10-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months. 4.7100% PA 5.4600% PA
For 6 months and over but less than
12 months 4.8263% PA 5.5763% PA
For 12 months 4.9913% PA 5.8663% PA
For 2 years 4.9913% PA 6.3663% PA
For 3 years 4.9913% PA 6.6163% PA
For 4 years 4.9913% PA 6.8663% PA
For 5 years 4.9913% PA 6.9913% PA
-------------------------------------------------------
EURO Value 11-08-2004 Value 11-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months. 1.8603% PA 2.6103% PA
For 6 months and over but less than
12 months 1.9038% PA 2.6538% PA
For 12 months 2.0275% PA 2.9025% PA
For 2 years 2.0275% PA 3.4025% PA
For 3 years 2.0275% PA 3.6525% PA
For 4 years 2.0275% PA 3.9025% PA
For 5 years 2.0275% PA 4.0275% PA
-------------------------------------------------------
Japanese Yen Value 11-08-2004 Value 11-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months -0.2000% PA 0.5500% PA
For 6 months and over but less than
12 months -0.1861% PA 0.5639% PA
For 12 months -0.1569% PA 0.7181% PA
For 2 years -0.1569% PA 1.2181% PA
For 3 years -0.1569% PA 1.4681% PA
For 4 years -0.1569% PA 1.7181% PA
For 5 years -0.1569% PA 1.8431% PA
=======================================================

Copyright Business Recorder, 2004

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