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 (May 07, 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 10-05-2004 Value 10-05-2004
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For 3 months and over but less than
6 months 0.9300% PA 1.6800% PA
For 6 months and over but less than
12 months 1.1400% PA 1.8900% PA
For 12 months 1.5900% PA 2.4650% PA
For 2 years 1.5900% PA 2.9650% PA
For 3 years 1.5900% PA 3.2150% PA
For 4 years 1.5900% PA 3.4650% PA
For 5 years 1.5900% PA 3.5900% PA
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POUND STERLING Value 07-05-2004 Value 07-05-2004
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For 3 months and over but less than
6 months 4.1925% PA 4.9425% PA
For 6 months and over but less than
12 months 4.3494% PA 5.0994% PA
For 12 months 4.5825% PA 5.4575% PA
For 2 years 4.5825% PA 5.9575% PA
For 3 years 4.5825% PA 6.2075% PA
For 4 years 4.5825% PA 6.4575% PA
For 5 years 4.5825% PA 6.5825% PA
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EURO Value 10-05-2004 Value 10-05-2004
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For 3 months and over but less than
6 months 1.8227% PA 2.5727% PA
For 6 months and over but less than
12 months 1.8486% PA 2.5986% PA
For 12 months 1.9740% PA 2.8490% PA
For 2 years 1.9740% PA 3.3490% PA
For 3 years 1.9740% PA 3.5990% PA
For 4 years 1.9740% PA 3.8490% PA
For 5 years 1.9740% PA 3.9740% PA
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Japanese Yen Value 10-05-2004 Value 10-05-2004
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For 3 months and over but less than
6 months -0.2025% PA 0.5475% PA
For 6 months and over but less than
12 months -0.1903% PA 0.5598% 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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