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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 (September 15, 2008).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 16-09-2008 Value 16-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 2.5688% PA 3.3188% PA
For 6 months and over but less than
12 months 2.8394% PA 3.5894% PA
For 12 months 2.8775% PA 3.7525% PA
For 2 years 2.8775% PA 4.2525% PA
For 3 years 2.8775% PA 4.5025% PA
For 4 years 2.8775% PA 4.7525% PA
For 5 years 2.8775% PA 4.8775% PA
--------------------------------------------------------
POUND STERLING Value 15-09-2008 Value 15-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 5.4538% PA 6.2038% PA
For 6 months and over but less than
12 months 5.5994% PA 6.3494% PA
For 12 months 5.7044% PA 6.5794% PA
For 2 years 5.7044% PA 7.0794% PA
For 3 years 5.7044% PA 7.3294% PA
For 4 years 5.7044% PA 7.5794% PA
For 5 years 5.7044% PA 7.7044% PA
--------------------------------------------------------
EURO Value 16-09-2008 Value 16-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.7019% PA 5.4519% PA
For 6 months and over but less than
12 months 4.9263% PA 5.6763% PA
For 12 months 5.0850% PA 5.9600% PA
For 2 years 5.0850% PA 6.4600% PA
For 3 years 5.0850% PA 6.7100% PA
For 4 years 5.0850% PA 6.9600% PA
For 5 years 5.0850% PA 7.0850% PA
--------------------------------------------------------
JAPANESE YEN Value 16-09-2008 Value 16-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.6375% PA 1.3875% PA
For 6 months and over but less than
12 months 0.7275% PA 1.4775% PA
For 12 months 0.9125% PA 1.7875% PA
For 2 years 0.9125% PA 2.2875% PA
For 3 years 0.9125% PA 2.5375% PA
For 4 years 0.9125% PA 2.7875% PA
For 5 years 0.9125% PA 2.9125% PA
========================================================

Copyright Business Recorder, 2008

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