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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 Monday (December 06, 2004).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 07-12-2004 Value 07-12-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 2.1900% PA 2.9400% PA
For 6 months and over but less than
12 months 2.4113% PA 3.1613% PA
For 12 months 2.7500% PA 3.6250% PA
For 2 years 2.7500% PA 4.1250% PA
For 3 years 2.7500% PA 4.3750% PA
For 4 years 2.7500% PA 4.6250% PA
For 5 years 2.7500% PA 4.7500% PA
-------------------------------------------------------
POUND STERLING Value 06-12-2004 Value 06-12-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 4.6113% PA 5.3613% PA
For 6 months and over but less than
12 months 4.6563% PA 5.4063% PA
For 12 months 4.7313% PA 5.6063% PA
For 2 years 4.7313% PA 6.1063% PA
For 3 years 4.7313% PA 6.3563% PA
For 4 years 4.7313% PA 6.6063% PA
For 5 years 4.7313% PA 6.7313% PA
-------------------------------------------------------
EURO Value 07-12-2004 Value 07-12-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.9243% PA 2.6743% PA
For 6 months and over but less than
12 months 1.9640% PA 2.7140% PA
For 12 months 2.0758% PA 2.9508% PA
For 2 years 2.0758% PA 3.4508% PA
For 3 years 2.0758% PA 3.7008% PA
For 4 years 2.0758% PA 3.9508% PA
For 5 years 2.0758% PA 4.0758% PA
-------------------------------------------------------
Japanese Yen Value 07-12-2004 Value 07-12-2004
-------------------------------------------------------
For 3 months and over but less than
6 months -0.1994% PA 0.5506% PA
For 6 months and over but less than
12 months -0.1875% PA 0.5625% PA
For 12 months -0.1588% PA 0.7163% PA
For 2 years -0.1588% PA 1.2163% PA
For 3 years -0.1588% PA 1.4663% PA
For 4 years -0.1588% PA 1.7163% PA
For 5 years -0.1588% PA 1.8413% PA
=======================================================

Copyright Business Recorder, 2004

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