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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 Monday (October 24, 2005).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 25-10-2005 Value 25-10-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 3.9500% PA 4.7000% PA
For 6 months and over but less than
12 months 4.1206% PA 4.8706% PA
For 12 months 4.3300% PA 5.2050% PA
For 2 years 4.3300% PA 5.7050% PA
For 3 years 4.3300% PA 5.9550% PA
For 4 years 4.3300% PA 6.2050% PA
For 5 years 4.3300% PA 6.3300% PA
-------------------------------------------------------
POUND STERLING Value 24-10-2005 Value 24-10-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 4.3431% PA 5.0931% PA
For 6 months and over but less than
12 months 4.3525% PA 5.1025% PA
For 12 months 4.3844% PA 5.2594% PA
For 2 years 4.3844% PA 5.7594% PA
For 3 years 4.3844% PA 6.0094% PA
For 4 years 4.3844% PA 6.2594% PA
For 5 years 4.3844% PA 6.3844% PA
-------------------------------------------------------
EURO Value 25-10-2005 Value 25-10-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 1.9358% PA 2.6858% PA
For 6 months and over but less than
12 months 2.0255% PA 2.7755% PA
For 12 months 2.1779% PA 3.0529% PA
For 2 years 2.1779% PA 3.5529% PA
For 3 years 2.1779% PA 3.8029% PA
For 4 years 2.1779% PA 4.0529% PA
For 5 years 2.1779% PA 4.1779% PA
-------------------------------------------------------
JAPANESE YEN Value 25-10-2005 Value 25-10-2005
-------------------------------------------------------
For 3 months and over but less than
6 months 0.1863% PA 0.5638% PA
For 6 months and over but less than
12 months 0.1725% PA 0.5775% PA
For 12 months 0.1394% PA 0.7356% PA
For 2 years 0.1394% PA 1.2356% PA
For 3 years 0.1394% PA 1.4856% PA
For 4 years 0.1394% PA 1.7356% PA
For 5 years 0.1394% PA 1.8606% PA
=======================================================

Copyright Business Recorder, 2005

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