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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 Wednesday (June 22, 2005).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 23-06-2005 Value 23-06-2005
-------------------------------------------------------
For 3 months and over but less than
6 months. 3.2019% PA 3.9519% PA
For 6 months and over but less than
12 months. 3.4100% PA 4.1600% PA
For 12 months. 3.6438% PA 4.5188% PA
For 2 years. 3.6438% PA 5.0188% PA
For 3 years. 3.6438% PA 5.2688% PA
For 4 years. 3.6438% PA 5.5188% PA
For 5 years. 3.6438% PA 5.6438% PA
-------------------------------------------------------
POUND STERLING Value 22-06-2005 Value 22-06-2005
-------------------------------------------------------
For 3 months and over but less than
6 months. 4.6094% PA 5.3594% PA
For 6 months and over but less than
12 months. 4.5969% PA 5.3469% PA
For 12 months. 4.5600% PA 5.4350% PA
For 2 years. 4.5600% PA 5.9350% PA
For 3 years. 4.5600% PA 6.1850% PA
For 4 years. 4.5600% PA 6.4350% PA
For 5 years. 4.5600% PA 6.5600% PA
-------------------------------------------------------
EURO Value 23-06-2005 Value 23-06-2005
-------------------------------------------------------
For 3 months and over but less than
6 months. 1.8600% PA 2.6100% PA
For 6 months and over but less than
12 months. 1.8503% PA 2.6003% PA
For 12 months. 1.8424% PA 2.7174% PA
For 2 years. 1.8424% PA 3.2174% PA
For 3 years. 1.8424% PA 3.4674% PA
For 4 years. 1.8424% PA 3.7174% PA
For 5 years. 1.8424% PA 3.8424% PA
-------------------------------------------------------
JAPANESE YEN Value 23-06-2005 Value 23-06-2005
-------------------------------------------------------
For 3 months and over but less than
6 months. 0.1969% PA 0.5531% PA
For 6 months and over but less than
12 months. 0.1850% PA 0.5650% PA
For 12 months. 0.1613% PA 0.7138% PA
For 2 years. 0.1613% PA 1.2138% PA
For 3 years. 0.1613% PA 1.4638% PA
For 4 years. 0.1613% PA 1.7138% PA
For 5 years. 0.1613% PA 1.8388% PA
=======================================================

Copyright Business Recorder, 2005

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