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 (January 12, 2004).
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INTEREST PAYABLE ON FE DEPOSITS
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BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
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US Dollars Value 13-01-2004 Value 13-01-2004
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For 3 months and over but less than
6 months 0.8900% PA 1.6400 %PA
For 6 months and over but less than
12 months 0.9600% PA 1.7100% PA
For 12 months 1.2169% PA 2.0919% PA
For 2 years 1.2169% PA 2.5919% PA
For 3 years 1.2169% PA 2.8419% PA
For 4 years 1.2169% PA 3.0919% PA
For 5 years 1.2169% PA 3.2169% PA
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POUND STERLING Value 12-01-2004 Value 12-01-2004
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For 3 months and over but less than
6 months 3.7889% PA 4.5389% PA
For 6 months and over but less than
12 months 3.9438% PA 4.6938% PA
For 12 months 4.1913% PA 5.0663% PA
For 2 years 4.1913% PA 5.5663% PA
For 3 years 4.1913% PA 5.8163% PA
For 4 years 4.1913% PA 6.0663% PA
For 5 years 4.1913% PA 6.1913% PA
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EURO Value 13-01-2004 Value 13-01-2004
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For 3 months and over but less than
6 months 1.8503% PA 2.6003% PA
For 6 months and over but less than
12 months 1.8705% PA 2.6205% PA
For 12 months 1.9853% PA 2.8603% PA
For 2 years 1.9853% PA 3.3603% PA
For 3 years 1.9853% PA 3.6103% PA
For 4 years 1.9853% PA 3.8603% PA
For 5 years 1.9853% PA 3.9853% PA
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Japanese Yen Value 13-01-2004 Value 13-01-2004
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For 3 months and over but less than
6 months -0.1900% PA 0.5600% PA
For 6 months and over but less than
12 months -0.1788% PA 0.5713% PA
For 12 months -0.1549% PA 0.7201% PA
For 2 years -0.1549% PA 1.2201% PA
For 3 years -0.1549% PA 1.4701% PA
For 4 years -0.1549% PA 1.7201% PA
For 5 years -0.1549% PA 1.8451% PA
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