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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 04, 2004).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 07-09-2004 Value 07-09-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.5600% PA 2.3100% PA
For 6 months and over but less than
12 months 1.7313% PA 2.4813% PA
For 12 months 2.0138% PA 2.8888% PA
For 2 years 2.0138% PA 3.3888% PA
For 3 years 2.0138% PA 3.6388% PA
For 4 years 2.0138% PA 3.8888% PA
For 5 years 2.0138% PA 4.0138% PA
-------------------------------------------------------
POUND STERLING Value 06-09-2004 Value 06-09-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 4.7038% PA 5.4538% PA
For 6 months and over but less than
12 months 4.7994% PA 5.5494% PA
For 12 months 4.9300% PA 5.8050% PA
For 2 years 4.9300% PA 6.3050% PA
For 3 years 4.9300% PA 6.5550% PA
For 4 years 4.9300% PA 6.8050% PA
For 5 years 4.9300% PA 6.9300% PA
-------------------------------------------------------
EURO Value 07-09-2004 Value 07-09-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.8688% PA 2.6188% PA
For 6 months and over but less than
12 months 1.9348% PA 2.6848% PA
For 12 months 2.0971% PA 2.9721% PA
For 2 years 2.0971% PA 3.4721% PA
For 3 years 2.0971% PA 3.7221% PA
For 4 years 2.0971% PA 3.9721% PA
For 5 years 2.0971% PA 4.0971% PA
-------------------------------------------------------
Japanese Yen Value 07-09-2004 Value 07-09-2004
-------------------------------------------------------
For 3 months and over but less than
6 months -0.1981% PA 0.5519% PA
For 6 months and over but less than
12 months -0.1858% PA 0.5643% PA
For 12 months -0.1569% PA 0.7181% PA
For 2 years -0.1569% PA 1.2181% PA
For 3 years -0.1569% PA 1.4681% PA
For 4 years -0.1569% PA 1.7181% PA
For 5 years -0.1569% PA 1.8431% PA
=======================================================

Copyright Business Recorder, 2004

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