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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 Monday (March 31, 2014).



===============================================
INTEREST PAYABLE ON FE DEPOSITS
===============================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
===============================================
US DOLLARS VALUE 31-03-14 VALUE 31-03-14
===============================================
For 3 months and over but less than
6 months 0.0164% PA 0.7336% PA
For 6 months and over but less than
12 Months 0.0790% PA 0.8290% PA
For 12 months 0.3116% PA 1.1866% PA
For 2 Years 0.3116% PA 1.6866% PA
For 3 Years 0.3116% PA 1.9366% PA
For 4 years 0.3116% PA 2.1866% PA
For 5 years 0.3116% PA 2.3116% PA
-----------------------------------------------
POUND STERLING VALUE 31-03-14 VALUE 31-03-14
-----------------------------------------------
For 3 months and over but
less than 6 Mon 0.2722% PA 1.0222% PA
For 6 months and over but less than
12 months 0.3706% PA 1.1206% PA
For 12 Months 0.6616% PA 1.5366% PA
For 2 Years 0.6616% PA 0.0366% PA
For 3 Years 0.6616% PA 2.8866% PA
For 4 years 0.6616% PA 2.5366% PA
For 5 years 0.6616% PA 2.6616% PA
-----------------------------------------------
EURO VALUE 31-03-14 VALUE 31-03-14
-----------------------------------------------
For 3 months and over but less than
6 months 0.0279% PA 0.7779% PA
For 6 months and over but less than
12 months 0.1299% PA 0.8799% PA
For 12 Months 0.3010% PA 1.1760% PA
For 2 Years 0.3010% PA 1.6760% PA
For 3 Years 0.3010% PA 1.9260% PA
For 4 years 0.3010% PA 2.1760% PA
For 5 years 0.3010% PA 2.3010% PA
-----------------------------------------------
JAPANESE YEN VALUE 31-03-14 VALUE 31-03-14
-----------------------------------------------
For 3 months and over but less than
6 months 0.1150% PA 0.6350% PA
For 6 months and over but less than
12 months 0.0650% PA 0.6850% PA
For 12 Months 0.0957% PA 0.9707% PA
For 2 Years 0.0957% PA 1.4707% PA
For 3 Years 0.0957% PA 1.7207% PA
For 4 Years 0.0957% PA 1.9707% PA
For 5 years 0.0957% PA 2.0957% PA
===============================================

Copyright Business Recorder, 2014

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