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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 (March 26, 2011).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 28-03-2011 Value 28-03-2011
--------------------------------------------------------
For 3 months and over but less than
6 months 0.0585% PA 0.8085% PA
For 6 months and over but less than
12 months 0.2100% PA 0.9600% PA
For 12 months 0.5255% PA 1.4005% PA
For 2 years 0.5255% PA 1.9005% PA
For 3 years 0.5255% PA 2.1505% PA
For 4 years 0.5255% PA 2.4005% PA
For 5 years 0.5255% PA 2.5255% PA
--------------------------------------------------------
POUND STERLING Value 28-03-2011 Value 28-03-2011
--------------------------------------------------------
For 3 months and over but less than
6 months 0.5656% PA 1.3156% PA
For 6 months and over but less than
12 months 0.8731% PA 1.6231% PA
For 12 months 1.3450% PA 2.2200% PA
For 2 years 1.3450% PA 2.7200% PA
For 3 years 1.3450% PA 2.9700% PA
For 4 years 1.3450% PA 3.2200% PA
For 5 years 1.3450% PA 3.3450% PA
--------------------------------------------------------
EURO Value 28-03-2011 Value 28-03-2011
--------------------------------------------------------
For 3 months and over but less than
6 months 0.8938% PA 1.6438% PA
For 6 months and over but less than
12 months 1.2131% PA 1.9631% PA
For 12 months 1.6563% PA 2.5313% PA
For 2 years 1.6563% PA 3.0313% PA
For 3 years 1.6563% PA 3.2813% PA
For 4 years 1.6563% PA 3.5313% PA
For 5 years 1.6563% PA 3.6563% PA
--------------------------------------------------------
JAPANESE YEN Value 28-03-2011 Value 28-03-2011
--------------------------------------------------------
For 3 months and over but less than
6 months -0.0500% PA 0.7000% PA
For 6 months and over but less than
12 months 0.0963% PA 0.8463% PA
For 12 months 0.3188% PA 1.1938% PA
For 2 years 0.3188% PA 1.6938% PA
For 3 years 0.3188% PA 1.9438% PA
For 4 years 0.3188% PA 2.1938% PA
For 5 years 0.3188% PA 2.3188% PA
========================================================

Copyright Business Recorder, 2011

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