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 30, 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 30-01-2004 Value 30-01-2004
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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 30-01-2004 Value 30-01-2004
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For 3 months and over but less than
6 months 3.8925% PA 4.6425% PA
For 6 months and over but less than
12 months 4.0438% PA 4.7938% PA
For 12 months 4.3225% PA 5.1975% PA
For 2 years 4.3225% PA 5.6975% PA
For 3 years 4.3225% PA 5.9475% PA
For 4 years 4.3225% PA 6.1975% PA
For 5 years 4.3225% PA 6.3225% PA
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EURO Value 30-01-2004 Value 30-01-2004
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For 3 months and over but less than
6 months 1.8279% PA 2.5779% PA
For 6 months and over but less than
12 months 1.8444% PA 2.5944% PA
For 12 months 1.9316% PA 2.8066% PA
For 2 years 1.9316% PA 3.3066% PA
For 3 years 1.9316% PA 3.5566% PA
For 4 years 1.9316% PA 3.8066% PA
For 5 years 1.9316% PA 3.9316% PA
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Japanese Yen Value 30-01-2004 Value 30-01-2004
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For 3 months and over but less than
6 months -0.1981% PA 0.5519% PA
For 6 months and over but less than
12 months -0.1855% PA 0.5645% PA
For 12 months -0.1600% PA 0.7150% PA
For 2 years -0.1600% PA 1.2150% PA
For 3 years -0.1600% PA 1.4650% PA
For 4 years -0.1600% PA 1.7150% PA
For 5 years -0.1600% PA 1.8400% PA
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