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 (May 12, 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 13-05-2004 Value 13-05-2004
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For 3 months and over but less than
6 months 0.9900% PA 1.7400% PA
For 6 months and over but less than
12 months 1.2800% PA 2.0300% PA
For 12 months 1.8100% PA 2.6850% PA
For 2 years 1.8100% PA 3.1850% PA
For 3 years 1.8100% PA 3.4350% PA
For 4 years 1.8100% PA 3.6850% PA
For 5 years 1.8100% PA 3.8100% PA
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POUND STERLING Value 12-05-2004 Value 12-05-2004
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For 3 months and over but less than
6 months 4.2225% PA 4.9725% PA
For 6 months and over but less than
12 months 4.4075% PA 5.1575% PA
For 12 months 4.6925% PA 5.5675% PA
For 2 years 4.6925% PA 6.0675% PA
For 3 years 4.6925% PA 6.3175% PA
For 4 years 4.6925% PA 6.5675% PA
For 5 years 4.6925% PA 6.6925% PA
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EURO Value 13-05-2004 Value 13-05-2004
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For 3 months and over but less than
6 months 1.8344% PA 2.5844% PA
For 6 months and over but less than
12 months 1.8940% PA 2.6440% PA
For 12 months 2.0700% PA 2.9450% PA
For 2 years 2.0700% PA 3.4450% PA
For 3 years 2.0700% PA 3.6950% PA
For 4 years 2.0700% PA 3.9450% PA
For 5 years 2.0700% PA 4.0700% PA
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Japanese Yen Value 13-05-2004 Value 13-05-2004
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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 -0.1613% PA 0.7138% PA
For 2 years -0.1613% PA 1.2138% PA
For 3 years -0.1613% PA 1.4638% PA
For 4 years -0.1613% PA 1.7138% PA
For 5 years -0.1613% PA 1.8388% PA
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