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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 Thursday (May 24, 2018).



========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
U.S. DOLLARS VALUE 24-05-2018 VALUE 24-05-2018
--------------------------------------------------------
For 3 months and over but less than
6 months 2.0800% PA 2.8300% PA
For 6 months and over but less than
12 Months 2.2494% PA 3.9994% PA
For 12 months 2.5140% PA 3.3890% PA
For 2 Years 2.5140% PA 3.8890% PA
For 3 Years 2.5140% PA 4.1390% PA
For 4 years 2.5140% PA 4.3890% PA
For 5 years 2.5140% PA 4.5140% PA
--------------------------------------------------------
POUND STERLING VALUE 24-05-2018 VALUE 24-05-2018
--------------------------------------------------------
For 3 months and over but less than
6 Months 0.3725% PA 1.1225% PA
For 6 months and over but less than
12 months 0.4932% PA 1.2432% PA
For 12 Months 0.6808% PA 1.5558% PA
For 2 Years 0.6808% PA 2.0558% PA
For 3 Years 0.6808% PA 2.3058% PA
For 4 years 0.6808% PA 2.5558% PA
For 5 years 0.6808% PA 2.6808% PA
--------------------------------------------------------
EURO VALUE 24-05-2018 VALUE 24-05-2018
--------------------------------------------------------
For 3 months and over but less than
6 months 0.1020% PA 0.8520% PA
For 6 months and over but less than
12 months 0.0600% PA 0.8100% PA
For 12 Months -0.0210% PA 0.8540% PA
For 2 Years -0.0210% PA 1.3540% PA
For 3 Years -0.0210% PA 1.6040% PA
For 4 years -0.0210% PA 1.8540% PA
For 5 years -0.0210% PA 1.9790% PA
--------------------------------------------------------
JAPANESE YEN VALUE 24-05-2018 VALUE 24-05-2018
--------------------------------------------------------
For 3 months and over but less than
6 months -0.2215% PA 0.5285% PA
For 6 months and over but less than
12 months -0.2278% PA 0.5223% PA
For 12 Months -0.1312% PA 0.7438% PA
For 2 Years -0.1312% PA 1.2438% PA
For 3 Years -0.1312% PA 1.4938% PA
For 4 Years -0.1312% PA 1.7438% PA
For 5 years -0.1312% PA 1.8688% PA
========================================================

Copyright Business Recorder, 2018

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