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 Tuesday (July 06, 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 07-07-2004 Value 07-07-2004
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For 3 months and over but less than
6 months 1.3275% PA 2.0775% PA
For 6 months and over but less than
12 months 1.5838% PA 2.3338% PA
For 12 months 2.0000% PA 2.8750% PA
For 2 years 2.0000% PA 3.3750% PA
For 3 years 2.0000% PA 3.6250% PA
For 4 years 2.0000% PA 3.8750% PA
For 5 years 2.0000% PA 4.0000% PA
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POUND STERLING Value 06-07-2004 Value 06-07-2004
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For 3 months and over but less than
6 months 4.5750% PA 5.3250% PA
For 6 months and over but less than
12 months 4.7500% PA 5.5000% PA
For 12 months 4.9763% PA 5.8513% PA
For 2 years 4.9763% PA 6.3513% PA
For 3 years 5.9763% PA 6.6013% PA
For 4 years 5.9763% PA 6.8513% PA
For 5 years 5.9763% PA 6.9763% PA
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EURO Value 07-07-2004 Value 07-07-2004
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For 3 months and over but less than
6 months 1.8611% PA 2.6111% PA
For 6 months and over but less than
12 months 1.9136% PA 2.6636% PA
For 12 months 2.0861% PA 2.9611% PA
For 2 years 2.0861% PA 3.4611% PA
For 3 years 2.0861% PA 3.7111% PA
For 4 years 2.0861% PA 3.9611% PA
For 5 years 2.0861% PA 4.0861% PA
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Japanese Yen Value 07-07-2004 Value 07-07-2004
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For 3 months and over but less than
6 months -0.1988% PA 0.5513% PA
For 6 months and over but less than
12 months -0.1861% PA 0.5639% PA
For 12 months -0.1581% PA 0.7169% PA
For 2 years -0.1581% PA 1.2169% PA
For 3 years -0.1581% PA 1.4669% PA
For 4 years -0.1581% PA 1.7169% PA
For 5 years -0.1581% PA 1.8419% PA
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