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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 Friday (January 04, 2008).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 07-01-2008 Value 07-01-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 4.3963% PA 5.1463% PA
For 6 months and over but less than
12 months 4.2238% PA 4.9738% PA
For 12 months 3.7919% PA 4.6669% PA
For 2 years 3.7919% PA 5.1669% PA
For 3 years 3.7919% PA 5.4169% PA
For 4 years 3.7919% PA 5.6669% PA
For 5 years 3.7919% PA 5.7919% PA
-------------------------------------------------------
POUND STERLING Value 04-01-2008 Value 04-01-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 5.5763% PA 6.3263% PA
For 6 months and over but less than
12 months 5.5363% PA 6.2863% PA
For 12 months 5.3500% PA 6.2250% PA
For 2 years 5.3500% PA 6.7250% PA
For 3 years 5.3500% PA 6.9750% PA
For 4 years 5.3500% PA 7.2250% PA
For 5 years 5.3500% PA 7.3500% PA
-------------------------------------------------------
EURO Value 07-01-2008 Value 07-01-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 4.3881% PA 5.1381% PA
For 6 months and over but less than
12 months 4.4281% PA 5.1781% PA
For 12 months 4.4481% PA 5.3231% PA
For 2 years 4.4481% PA 5.8231% PA
For 3 years 4.4481% PA 6.0731% PA
For 4 years 4.4481% PA 6.3231% PA
For 5 years 4.4481% PA 6.4481% PA
-------------------------------------------------------
JAPANESE YEN Value 07-01-2008 Value 07-01-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 0.6438% PA 1.3938% PA
For 6 months and over but less than
12 months 0.7175% PA 1.4675% PA
For 12 months 0.7963% PA 1.6713% PA
For 2 years 0.7963% PA 2.1713% PA
For 3 years 0.7963% PA 2.4213% PA
For 4 years 0.7963% PA 2.6713% PA
For 5 years 0.7963% PA 2.7963% PA
=======================================================

Copyright Business Recorder, 2008

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