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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 Thursday (October 16, 2008).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 17-10-2008 Value 17-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.3000% PA 5.0500% PA
For 6 months and over but less than
12 months 3.9713% PA 4.7213% PA
For 12 months 3.7838% PA 4.6588% PA
For 2 years 3.7838% PA 5.1588% PA
For 3 years 3.7838% PA 5.4088% PA
For 4 years 3.7838% PA 5.6588% PA
For 5 years 3.7838% PA 5.7838% PA
--------------------------------------------------------
POUND STERLING Value 16-10-2008 Value 16-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 5.9600% PA 6.7100% PA
For 6 months and over but less than
12 months 6.0906% PA 6.8406% PA
For 12 months 6.2000% PA 7.0750% PA
For 2 years 6.2000% PA 7.5750% PA
For 3 years 6.2000% PA 7.8250% PA
For 4 years 6.2000% PA 8.0750% PA
For 5 years 6.2000% PA 8.2000% PA
--------------------------------------------------------
EURO Value 17-10-2008 Value 17-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.9250% PA 5.6750% PA
For 6 months and over but less than
12 months 4.9975% PA 5.7475% PA
For 12 months 5.0588% PA 5.9338% PA
For 2 years 5.0588% PA 6.4338% PA
For 3 years 5.0588% PA 6.6838% PA
For 4 years 5.0588% PA 6.9338% PA
For 5 years 5.0588% PA 7.0588% PA
--------------------------------------------------------
JAPANESE YEN Value 17-10-2008 Value 17-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.8375% PA 1.5875% PA
For 6 months and over but less than
12 months 0.9350% PA 1.6850% PA
For 12 months 1.0813% PA 1.9563% PA
For 2 years 1.0813% PA 2.4563% PA
For 3 years 1.0813% PA 2.7063% PA
For 4 years 1.0813% PA 2.9563% PA
For 5 years 1.0813% PA 3.0813% PA
========================================================

Copyright Business Recorder, 2008

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