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 (July 05, 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 06-07-2004 Value 06-07-2004
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For 3 months and over but less than
6 months 1.3500% PA 2.1000% PA
For 6 months and over but less than
12 months 1.6313% PA 2.3813% PA
For 12 months 2.0900% PA 2.9650% PA
For 2 years 2.0900% PA 3.4650% PA
For 3 years 2.0900% PA 3.7150% PA
For 4 years 2.0900% PA 3.9650% PA
For 5 years 2.0900% PA 4.0900% PA
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POUND STERLING Value 05-07-2004 Value 05-07-2004
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For 3 months and over but less than
6 months 4.5763% PA 5.3263% PA
For 6 months and over but less than
12 months 4.7688% PA 5.5188% PA
For 12 months 5.0000% PA 5.8750% PA
For 2 years 5.0000% PA 6.3750% PA
For 3 years 5.0000% PA 6.6250% PA
For 4 years 5.0000% PA 6.8750% PA
For 5 years 5.0000% PA 7.0000% PA
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EURO Value 06-07-2004 Value 06-07-2004
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For 3 months and over but less than
6 months 1.8645% PA 2.6145% PA
For 6 months and over but less than
12 months 1.9240% PA 2.6740% PA
For 12 months 2.1139% PA 2.9889% PA
For 2 years 2.1139% PA 3.4889% PA
For 3 years 2.1139% PA 3.7389% PA
For 4 years 2.1139% PA 3.9889% PA
For 5 years 2.1139% PA 4.1139% PA
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Japanese Yen Value 06-07-2004 Value 06-07-2004
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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 -0.1849% PA 0.5651% PA
For 12 months -0.1569% PA 0.7181% PA
For 2 years -0.1569% PA 1.2181% PA
For 3 years -0.1569% PA 1.4681% PA
For 4 years -0.1569% PA 1.7181% PA
For 5 years -0.1569% PA 1.8431% PA
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