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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 (November 19, 2008).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 20-11-2008 Value 20-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 1.9675% PA 2.7175% PA
For 6 months and over but less than
12 months 2.3813% PA 3.1313% PA
For 12 months 2.5450% PA 3.4200% PA
For 2 years 2.5450% PA 3.9200% PA
For 3 years 2.5450% PA 4.1700% PA
For 4 years 2.5450% PA 4.4200% PA
For 5 years 2.5450% PA 4.5450% PA
--------------------------------------------------------
POUND STERLING Value 19-11-2008 Value 19-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 3.8688% PA 4.6188% PA
For 6 months and over but less than
12 months 3.9838% PA 4.7338% PA
For 12 months 4.0363% PA 4.9113% PA
For 2 years 4.0363% PA 5.4113% PA
For 3 years 4.0363% PA 5.6613% PA
For 4 years 4.0363% PA 5.9113% PA
For 5 years 4.0363% PA 6.0363% PA
--------------------------------------------------------
EURO Value 20-11-2008 Value 20-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 3.8988% PA 4.6488% PA
For 6 months and over but less than
12 months 3.9613% PA 4.7113% PA
For 12 months 4.7500% PA 4.6250% PA
For 2 years 4.7500% PA 5.1250% PA
For 3 years 4.7500% PA 5.3750% PA
For 4 years 4.7500% PA 5.6250% PA
For 5 years 4.7500% PA 5.7500% PA
--------------------------------------------------------
JAPANESE YEN Value 20-11-2008 Value 20-11-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.6475% PA 1.3975% PA
For 6 months and over but less than
12 months 0.7175% PA 1.4675% PA
For 12 months 0.8650% PA 1.7400% PA
For 2 years 0.8650% PA 2.2400% PA
For 3 years 0.8650% PA 2.4900% PA
For 4 years 0.8650% PA 2.7400% PA
For 5 years 0.8650% PA 2.8650% PA
========================================================

Copyright Business Recorder, 2008

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