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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 (March 26, 2005).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 29-03-2005 Value 29-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 2.8400% PA 3.5900% PA
For 6 months and over but less than
12 months 3.1175% PA 3.8675% PA
For 12 months 3.5600% PA 4.4350% PA
For 2 years 3.5600% PA 4.9350% PA
For 3 years 3.5600% PA 5.1850% PA
For 4 years 3.5600% PA 5.4350% PA
For 5 years 3.5600% PA 5.5600% PA
-------------------------------------------------------
POUND STERLING Value 29-03-2005 Value 29-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 4.7350% PA 5.4850% PA
For 6 months and over but less than
12 months 4.8125% PA 5.5625% 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 29-03-2005 Value 29-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 1.8934% PA 2.6434% PA
For 6 months and over but less than
12 months 1.9708% PA 2.7208% PA
For 12 months 2.1450% PA 3.0200% PA
For 2 years 2.1450% PA 3.5200% PA
For 3 years 2.1450% PA 3.7700% PA
For 4 years 2.1450% PA 4.0200% PA
For 5 years 2.1450% PA 4.1450% PA
-------------------------------------------------------
JAPANESE YEN Value 29-03-2005 Value 29-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 0.1950% PA 0.5550% PA
For 6 months and over but less than
12 months 0.1825% PA 0.5675% PA
For 12 months 0.1538% PA 0.7213% PA
For 2 years 0.1538% PA 1.2213% PA
For 3 years 0.1538% PA 1.4713% PA
For 4 years 0.1538% PA 1.7213% PA
For 5 years 0.1538% PA 1.8463% PA
=======================================================

Copyright Business Recorder, 2005

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