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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 26, 2008).



=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 26-03-2008 Value 26-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 2.3563% PA 3.1063% PA
For 6 months and over but less than
12 months 2894% PA 3.0394% PA
For 12 months 2.1425% PA 3.0175% PA
For 2 years 2.1425% PA 3.5175% PA
For 3 years 2.1425% PA 3.7675% PA
For 4 years 2.1425% PA 4.0175% PA
For 5 years 2.1425% PA 4.1425% PA
-------------------------------------------------------
POUND STERLING Value 25-03-2008 Value 25-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 5.7300% PA 6.4800% PA
For 6 months and over but less than
12 months 5.6956% PA 6.4456% PA
For 12 months 5.5525% PA 6.4275% PA
For 2 years 5.5525% PA 6.9275% PA
For 3 years 5.5525% PA 7.1775% PA
For 4 years 5.5525% PA 7.4275% PA
For 5 years 5.5525% PA 7.5525% PA
-------------------------------------------------------
EURO Value 26-03-2008 Value 26-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 4.4300% PA 5.1800% PA
For 6 months and over but less than
12 months 4.4313% PA 5.1813% PA
For 12 months 4.4269% PA 5.3019% PA
For 2 years 4.4269% PA 5.8019% PA
For 3 years 4.4269% PA 6.0519% PA
For 4 years 4.4269% PA 6.3019% PA
For 5 years 4.4269% PA 6.4269% PA
-------------------------------------------------------
JAPANESE YEN Value 26-03-2008 Value 26-03-2008
-------------------------------------------------------
For 3 months and over but less than
6 months 0.7113% PA 1.4613% PA
For 6 months and over but less than
12 months 0.7763% PA 1.5263% PA
For 12 months 0.8663% PA 1.7413% PA
For 2 years 0.8663% PA 2.2413% PA
For 3 years 0.8663% PA 2.4913% PA
For 4 years 0.8663% PA 2.7413% PA
For 5 years 0.8663% PA 2.8663% PA
=======================================================

Copyright Business Recorder, 2008

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