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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 Tuesday (April 27, 2004).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 28-04-2004 Value 28-04-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 0.9200% PA 1.6700% PA
For 6 months and over but less than
12 months 1.1000% PA 1.8500% PA
For 12 months 1.5238% PA 2.3988% PA
For 2 years 1.5238% PA 2.8988% PA
For 3 years 1.5238% PA 3.1488% PA
For 4 years 1.5238% PA 3.3988% PA
For 5 years 1.5238% PA 3.5238% PA
-------------------------------------------------------
POUND STERLING Value 27-04-2004 Value 27-04-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 4.1706% PA 4.9206% PA
For 6 months and over but less than
12 months 4.3225% PA 5.0725% PA
For 12 months 4.5950% PA 5.4700% PA
For 2 years 4.5950% PA 5.9700% PA
For 3 years 4.5950% PA 6.2200% PA
For 4 years 4.5950% PA 6.4700% PA
For 5 years 4.5950% PA 6.5950% PA
-------------------------------------------------------
EURO Value 28-04-2004 Value 28-04-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.8138% PA 2.5638% PA
For 6 months and over but less than
12 months 1.8444% PA 2.5944% PA
For 12 months 1.9750% PA 2.8500% PA
For 2 years 1.9750% PA 3.3500% PA
For 3 years 1.9750% PA 3.6000% PA
For 4 years 1.9750% PA 3.8500% PA
For 5 years 1.9750% PA 3.9750% PA
-------------------------------------------------------
Japanese Yen Value 28-04-2004 Value 28-04-2004
-------------------------------------------------------
For 3 months and over but less than
6 months -0.2013% PA 0.5488% PA
For 6 months and over but less than
12 months -0.1900% PA 0.5600% PA
For 12 months -0.1600% PA 0.7150% PA
For 2 years -0.1600% PA 1.2150% PA
For 3 years -0.1600% PA 1.4650% PA
For 4 years -0.1600% PA 1.7150% PA
For 5 years -0.1600% PA 1.8400% PA
=======================================================

Copyright Business Recorder, 2004

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