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 Monday (May 31, 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 02-06-2004 Value 02-06-2004
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For 3 months and over but less than
6 months 1.0650% PA 1.8150% PA
For 6 months and over but less than
12 months 1.3275% PA 2.0775% PA
For 12 months 1.8075% PA 2.6825% PA
For 2 years 1.8075% PA 3.1825% PA
For 3 years 1.8075% PA 3.4325% PA
For 4 years 1.8075% PA 3.6825% PA
For 5 years 1.8075% PA 3.8075% PA
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POUND STERLING Value 01-06-2004 Value 01-06-2004
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For 3 months and over but less than
6 months 4.4075% PA 5.1575% PA
For 6 months and over but less than
12 months 4.6200% PA 5.3700% PA
For 12 months 4.9700% PA 5.8450% PA
For 2 years 4.9700% PA 6.3450% PA
For 3 years 4.9700% PA 6.5950% PA
For 4 years 4.9700% PA 6.8450% PA
For 5 years 4.9700% PA 6.9700% PA
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EURO Value 01-06-2004 Value 01-06-2004
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For 3 months and over but less than
6 months 1.8374% PA 2.5874% PA
For 6 months and over but less than
12 months 1.8805% PA 2.6305% PA
For 12 months 2.0389% PA 2.9139% PA
For 2 years 2.0389% PA 3.4139% PA
For 3 years 2.0389% PA 3.6639% PA
For 4 years 2.0389% PA 3.9139% PA
For 5 years 2.0389% PA 4.0389% PA
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Japanese Yen Value 01-06-2004 Value 01-06-2004
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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 -0.1625% PA 0.7125% PA
For 2 years -0.1625% PA 1.2125% PA
For 3 years -0.1625% PA 1.4625% PA
For 4 years -0.1625% PA 1.7125% PA
For 5 years -0.1625% PA 1.8375% PA
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