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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 (October 24, 2008).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 27-10-2008 Value 27-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 3.2850% PA 4.0350% PA
For 6 months and over but less than
12 months 3.2800% PA 4.0300% PA
For 12 months 3.2525% PA 4.1275% PA
For 2 years 3.2525% PA 4.6275% PA
For 3 years 3.2525% PA 4.8775% PA
For 4 years 3.2525% PA 5.1275% PA
For 5 years 3.2525% PA 5.2525% PA
--------------------------------------------------------
POUND STERLING Value 24-10-2008 Value 24-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 5.7550% PA 6.5050% PA
For 6 months and over but less than
12 months 5.8750% PA 6.6250% PA
For 12 months 5.9688% PA 6.8438% PA
For 2 years 5.9688% PA 7.3438% PA
For 3 years 5.9688% PA 7.5938% PA
For 4 years 5.9688% PA 7.8438% PA
For 5 years 5.9688% PA 7.9688% PA
--------------------------------------------------------
EURO Value 27-10-2008 Value 27-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.7010% PA 5.4510% PA
For 6 months and over but less than
12 months 4.7431% PA 5.4931% PA
For 12 months 4.8050% PA 5.6800% PA
For 2 years 4.8050% PA 6.1800% PA
For 3 years 4.8050% PA 6.4300% PA
For 4 years 4.8050% PA 6.6800% PA
For 5 years 4.8050% PA 6.8050% PA
--------------------------------------------------------
JAPANESE YEN Value 27-10-2008 Value 27-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.7550% PA 1.5050% PA
For 6 months and over but less than
12 months 0.8475% PA 1.5975% PA
For 12 months 0.9788% PA 1.8538% PA
For 2 years 0.9788% PA 2.3538% PA
For 3 years 0.9788% PA 2.6038% PA
For 4 years 0.9788% PA 2.8538% PA
For 5 years 0.9788% PA 2.9788% PA
========================================================

Copyright Business Recorder, 2008

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