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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 Saturday (September 20, 2008).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 23-09-2008 Value 23-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 2.9600% PA 3.7100% PA
For 6 months and over but less than
12 months 3.2075% PA 3.9575% PA
For 12 months 3.2088% PA 4.0838% PA
For 2 years 3.2088% PA 4.5838% PA
For 3 years 3.2088% PA 4.8338% PA
For 4 years 3.2088% PA 5.0838% PA
For 5 years 3.2088% PA 5.2088% PA
--------------------------------------------------------
POUND STERLING Value 22-09-2008 Value 22-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 5.7500% PA 6.5000% PA
For 6 months and over but less than
12 months 5.8975% PA 6.6475% PA
For 12 months 5.9938% PA 6.8688% PA
For 2 years 5.9938% PA 7.3688% PA
For 3 years 5.9938% PA 7.6188% PA
For 4 years 5.9938% PA 7.8688% PA
For 5 years 5.9938% PA 7.9938% PA
--------------------------------------------------------
EURO Value 23-09-2008 Value 23-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.7538% PA 5.5038% PA
For 6 months and over but less than
12 months 4.9863% PA 5.7363% PA
For 12 months 5.1575% PA 6.0325% PA
For 2 years 5.1575% PA 6.5325% PA
For 3 years 5.1575% PA 6.7825% PA
For 4 years 5.1575% PA 7.0325% PA
For 5 years 5.1575% PA 7.1575% PA
--------------------------------------------------------
JAPANESE YEN Value 22-09-2008 Value 22-09-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.6500% PA 1.4000% PA
For 6 months and over but less than
12 months 0.7363% PA 1.4863% PA
For 12 months 0.9213% PA 1.7963% PA
For 2 years 0.9213% PA 2.2963% PA
For 3 years 0.9213% PA 2.5463% PA
For 4 years 0.9213% PA 2.7963% PA
For 5 years 0.9213% PA 2.9213% PA
========================================================

Copyright Business Recorder, 2008

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