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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 Saturday (November 08, 2008).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 12-11-2008 Value 12-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 2.0400% PA 2.7900% PA
For 6 months and over but less than
12 months 2.3888% PA 3.1388% PA
For 12 months 2.5500% PA 3.4250% PA
For 2 years 2.5500% PA 3.9250% PA
For 3 years 2.5500% PA 4.1750% PA
For 4 years 2.5500% PA 4.4250% PA
For 5 years 2.5500% PA 4.5500% PA
--------------------------------------------------------
POUND STERLING Value 10-11-2008 Value 10-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.2463% PA 4.9963% PA
For 6 months and over but less than
12 months 4.3475% PA 5.0975% PA
For 12 months 4.3688% PA 5.2438% PA
For 2 years 4.3688% PA 5.7438% PA
For 3 years 4.3688% PA 5.9938% PA
For 4 years 4.3688% PA 6.2438% PA
For 5 years 4.3688% PA 6.3688% PA
--------------------------------------------------------
EURO Value 11-11-2008 Value 11-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.2225% PA 4.9725% PA
For 6 months and over but less than
12 months 4.2913% PA 5.0413% PA
For 12 months 4.3438% PA 5.2188% PA
For 2 years 4.3438% PA 5.7188% PA
For 3 years 4.3438% PA 5.9688% PA
For 4 years 4.3438% PA 6.2188% PA
For 5 years 4.3438% PA 6.3438% PA
--------------------------------------------------------
JAPANESE YEN Value 11-11-2008 Value 11-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.6425% PA 1.3925% PA
For 6 months and over but less than
12 months 0.7250% PA 1.4750% PA
For 12 months 0.8600% PA 1.7350% PA
For 2 years 0.8600% PA 2.2350% PA
For 3 years 0.8600% PA 2.4850% PA
For 4 years 0.8600% PA 2.7350% PA
For 5 years 0.8600% PA 2.8600% PA
========================================================

Copyright Business Recorder, 2008

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