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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 Friday (August 27, 2004).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 30-08-2004 Value 30-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.5200% PA 2.2700% PA
For 6 months and over but less than
12 months 1.7300% PA 2.4800% PA
For 12 months 2.0500% PA 2.9250% PA
For 2 years 2.0500% PA 3.4250% PA
For 3 years 2.0500% PA 3.6750% PA
For 4 years 2.0500% PA 3.9250% PA
For 5 years 2.0500% PA 4.0500% PA
-------------------------------------------------------
POUND STERLING Value 27-08-2004 Value 27-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 4.7138% PA 5.4638% PA
For 6 months and over but less than
12 months 4.8325% PA 5.5825% PA
For 12 months 5.0025% PA 5.8775% PA
For 2 years 5.0025% PA 6.3775% PA
For 3 years 5.0025% PA 6.6275% PA
For 4 years 5.0025% PA 6.8775% PA
For 5 years 5.0025% PA 7.0025% PA
-------------------------------------------------------
EURO Value 30-08-2004 Value 30-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.8645% PA 2.6145% PA
For 6 months and over but less than
12 months 1.9181% PA 2.6681% PA
For 12 months 2.0595% PA 2.9345% PA
For 2 years 2.0595% PA 3.4345% PA
For 3 years 2.0595% PA 3.6845% PA
For 4 years 2.0595% PA 3.9345% PA
For 5 years 2.0595% PA 4.0595% PA
-------------------------------------------------------
Japanese Yen Value 30-08-2004 Value 30-08-2004
-------------------------------------------------------
For 3 months and over but less than
6 months -0.1988% PA 0.5513% PA
For 6 months and over but less than
12 months -0.1875% PA 0.5625% PA
For 12 months -0.1588% PA 0.7163% PA
For 2 years -0.1588% PA 1.2163% PA
For 3 years -0.1588% PA 1.4663% PA
For 4 years -0.1588% PA 1.7163% PA
For 5 years -0.1588% PA 1.8413% PA
=======================================================

Copyright Business Recorder, 2004

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