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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 19, 2008).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 20-03-2008 Value 20-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 2.2919% PA 3.0419% PA
For 6 months and over but less than
12 months 2.1325% PA 2.8825% PA
For 12 months 1.9600% PA 2.8350% PA
For 2 years 1.9600% PA 3.3350% PA
For 3 years 1.9600% PA 3.5850% PA
For 4 years 1.9600% PA 3.8350% PA
For 5 years 1.9600% PA 3.9600% PA
-------------------------------------------------------
POUND STERLING Value 19-03-2008 Value 19-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 5.7225% PA 6.4725% PA
For 6 months and over but less than
12 months 5.6825% PA 6.4325% PA
For 12 months 5.5538% PA 6.4288% PA
For 2 years 5.5538% PA 6.9288% PA
For 3 years 5.5538% PA 7.1788% PA
For 4 years 5.5538% PA 7.4288% PA
For 5 years 5.5538% PA 7.5538% PA
-------------------------------------------------------
EURO Value 20-03-2008 Value 20-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 4.4088% PA 5.1588% PA
For 6 months and over but less than
12 months 4.4050% PA 5.1550% PA
For 12 months 4.3981% PA 5.2731% PA
For 2 years 4.3981% PA 5.7731% PA
For 3 years 4.3981% PA 6.0231% PA
For 4 years 4.3981% PA 6.2731% PA
For 5 years 4.3981% PA 6.3981% PA
-------------------------------------------------------
JAPANESE YEN Value 19-03-2008 Value 19-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 0.7253% PA 1.4753% PA
For 6 months and over but less than
12 months 0.7788% PA 1.5288% PA
For 12 months 0.8652% PA 1.7402% PA
For 2 years 0.8652% PA 2.2402% PA
For 3 years 0.8652% PA 2.4902% PA
For 4 years 0.8652% PA 2.7402% PA
For 5 years 0.8652% PA 2.8652% PA
=======================================================

Copyright Business Recorder, 2008

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