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 (January 15, 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 16-01-2004 Value 16-01-2004
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For 3 months and over but less than
6 months 0.8700% PA 1.6200 %PA
For 6 months and over but less than
12 months 0.9150% PA 1.6650% PA
For 12 months 1.0875% PA 1.9625% PA
For 2 years 1.0875% PA 2.4625% PA
For 3 years 1.0875% PA 2.7125% PA
For 4 years 1.0875% PA 2.9625% PA
For 5 years 1.0875% PA 3.0875% PA
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POUND STERLING Value 15-01-2004 Value 15-01-2004
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For 3 months and over but less than
6 months 3.7681% PA 4.5181% PA
For 6 months and over but less than
12 months 3.9020% PA 4.6520% PA
For 12 months 4.1125% PA 4.9875% PA
For 2 years 4.1125% PA 5.4875% PA
For 3 years 4.1125% PA 5.7375% PA
For 4 years 4.1125% PA 5.9875% PA
For 5 years 4.1125% PA 6.1125% PA
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EURO Value 16-01-2004 Value 16-01-2004
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For 3 months and over but less than
6 months 1.8351% PA 2.5851% PA
For 6 months and over but less than
12 months 1.8591% PA 2.6091% PA
For 12 months 1.9411% PA 2.8161% PA
For 2 years 1.9411% PA 3.3161% PA
For 3 years 1.9411% PA 3.5661% PA
For 4 years 1.9411% PA 3.8161% PA
For 5 years 1.9411% PA 3.9411% PA
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Japanese Yen Value 16-01-2004 Value 16-01-2004
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For 3 months and over but less than
6 months -0.1894% PA 0.5606% PA
For 6 months and over but less than
12 months -0.1794% PA 0.5706% 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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