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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 (May 17, 2006).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 18-05-2006 Value 18-05-2006
-------------------------------------------------------
For 3 months and over but less than
6 months 4.9225% PA 5.6725% PA
For 6 months and over but less than
12 months 5.0281% PA 5.7781% PA
For 12 months 5.1400% PA 6.0150% PA
For 2 years 5.1400% PA 6.5150% PA
For 3 years 5.1400% PA 6.7650% PA
For 4 years 5.1400% PA 7.0150% PA
For 5 years 5.1400% PA 7.1400% PA
-------------------------------------------------------
POUND STERLING Value 17-05-2006 Value 17-05-2006
-------------------------------------------------------
For 3 months and over but less than
6 months 4.4625% PA 5.2125% PA
For 6 months and over but less than
12 months 4.5700% PA 5.3200% PA
For 12 months 4.7700% PA 5.6450% PA
For 2 years 4.7700% PA 6.1450% PA
For 3 years 4.7700% PA 6.3950% PA
For 4 years 4.7700% PA 6.6450% PA
For 5 years 4.7700% PA 6.7700% PA
-------------------------------------------------------
EURO Value 18-05-2006 Value 18-05-2006
-------------------------------------------------------
For 3 months and over but less than
6 months 2.6341% PA 3.3841% PA
For 6 months and over but less than
12 months 2.8160% PA 3.5660% PA
For 12 months 3.0526% PA 3.9276% PA
For 2 years 3.0526% PA 4.4276% PA
For 3 years 3.0526% PA 4.6776% PA
For 4 years 3.0526% PA 4.9276% PA
For 5 years 3.0526% PA 5.0526% PA
-------------------------------------------------------
JAPANESE YEN Value 18-05-2006 Value 18-05-2006
-------------------------------------------------------
For 3 months and over but less than
6 months -0.0600% PA 0.6900% PA
For 6 months and over but less than
12 months 0.0663% PA 0.8163% PA
For 12 months 0.2925% PA 1.1675% PA
For 2 years 0.2925% PA 1.6675% PA
For 3 years 0.2925% PA 1.9175% PA
For 4 years 0.2925% PA 2.1675% PA
For 5 years 0.2925% PA 2.2925% PA
=======================================================

Copyright Business Recorder, 2006

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