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 Friday (January 23, 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 26-01-2004 Value 26-01-2004
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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 0.9200% PA 1.6700% PA
For 12 months 1.1200% PA 1.9950% PA
For 2 years 1.1200% PA 2.4950% PA
For 3 years 1.1200% PA 2.7450% PA
For 4 years 1.1200% PA 2.9950% PA
For 5 years 1.1200% PA 3.1200% PA
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POUND STERLING Value 23-01-2004 Value 23-01-2004
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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 3.9309% PA 4.6809% PA
For 12 months 4.1625% PA 5.0375% PA
For 2 years 4.1625% PA 5.5375% PA
For 3 years 4.1625% PA 5.7875% PA
For 4 years 4.1625% PA 6.0375% PA
For 5 years 4.1625% PA 6.1625% PA
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EURO Value 26-01-2004 Value 26-01-2004
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For 3 months and over but less than
6 months 1.8213% PA 2.5713% PA
For 6 months and over but less than
12 months 1.8388% PA 2.5888% PA
For 12 months 1.9206% PA 2.7956% PA
For 2 years 1.9206% PA 3.2956% PA
For 3 years 1.9206% PA 3.5456% PA
For 4 years 1.9206% PA 3.7956% PA
For 5 years 1.9206% PA 3.9206% PA
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Japanese Yen Value 26-01-2004 Value 26-01-2004
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For 3 months and over but less than
6 months -0.1950% PA 0.5550% PA
For 6 months and over but less than
12 months -0.1850% PA 0.5650% PA
For 12 months -0.1599% PA 0.7151% PA
For 2 years -0.1599% PA 1.2151% PA
For 3 years -0.1599% PA 1.4651% PA
For 4 years -0.1599% PA 1.7151% PA
For 5 years -0.1599% PA 1.8401% PA
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