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 Wednesday (March 24, 2004).
=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 24-03-2004 Value 24-03-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 0.8600% PA 1.6100% PA
For 6 months and over but less than
12 months 0.9000% PA 1.6500% PA
For 12 months 1.0500% PA 1.9250% PA
For 2 years 1.0500% PA 2.4250% PA
For 3 years 1.0500% PA 2.6750% PA
For 4 years 1.0500% PA 2.9250% PA
For 5 years 1.0500% PA 3.0500% PA
-------------------------------------------------------
POUND STERLING Value 24-03-2004 Value 24-03-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 4.0638% PA 4.8138% PA
For 6 months and over but less than
12 months 4.1963% PA 4.9463% PA
For 12 months 4.4175% PA 5.2925% PA
For 2 years 4.4175% PA 5.7925% PA
For 3 years 4.4175% PA 6.0425% PA
For 4 years 4.4175% PA 6.2925% PA
For 5 years 4.4175% PA 6.4175% PA
-------------------------------------------------------
EURO Value 24-03-2004 Value 24-03-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.7750% PA 2.5250% PA
For 6 months and over but less than
12 months 1.7463% PA 2.4963% PA
For 12 months 1.7713% PA 2.6463% PA
For 2 years 1.7713% PA 3.1463% PA
For 3 years 1.7713% PA 3.3963% PA
For 4 years 1.7713% PA 3.6463% PA
For 5 years 1.7713% PA 3.7713% PA
-------------------------------------------------------
Japanese Yen Value 24-03-2004 Value 24-03-2004
-------------------------------------------------------
For 3 months and over but less than
6 months -0.1975% PA 0.5525% PA
For 6 months and over but less than
12 months -0.1838% PA 0.5663% 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
=======================================================