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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 Wednesday (March 30, 2005).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 31-03-2005 Value 31-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 2.8425% PA 3.5925% PA
For 6 months and over but less than
12 months 3.1300% PA 3.8800% PA
For 12 months 3.6000% PA 4.4750% PA
For 2 years 3.6000% PA 4.9750% PA
For 3 years 3.6000% PA 5.2250% PA
For 4 years 3.6000% PA 5.4750% PA
For 5 years 3.6000% PA 5.6000% PA
-------------------------------------------------------
POUND STERLING Value 30-03-2005 Value 30-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 4.7369% PA 5.4869% PA
For 6 months and over but less than
12 months 4.8125% PA 5.5625% PA
For 12 months 4.9325% PA 5.8075% PA
For 2 years 4.9325% PA 6.3075% PA
For 3 years 4.9325% PA 6.5575% PA
For 4 years 4.9325% PA 6.8075% PA
For 5 years 4.9325% PA 6.9325% PA
-------------------------------------------------------
EURO Value 31-03-2005 Value 31-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 1.8946% PA 2.6446% PA
For 6 months and over but less than
12 months 1.9654% PA 2.7154% PA
For 12 months 2.1413% PA 3.0163% PA
For 2 years 2.1413% PA 3.5163% PA
For 3 years 2.1413% PA 3.7663% PA
For 4 years 2.1413% PA 4.0163% PA
For 5 years 2.1413% PA 4.1413% PA
-------------------------------------------------------
JAPANESE YEN Value 31-03-2005 Value 31-03-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 0.1925% PA 0.5575% PA
For 6 months and over but less than
12 months 0.1806% PA 0.5694% 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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