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 (July 16, 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 19-07-2004 Value 19-07-2004
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For 3 months and over but less than
6 months 1.3700% PA 2.1200% PA
For 6 months and over but less than
12 months 1.6300% PA 2.3800% PA
For 12 months 2.0600% PA 2.9350% PA
For 2 years 2.0600% PA 3.4350% PA
For 3 years 2.0600% PA 3.6850% PA
For 4 years 2.0600% PA 3.9350% PA
For 5 years 2.0600% PA 4.0600% PA
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POUND STERLING Value 16-07-2004 Value 16-07-2004
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For 3 months and over but less than
6 months 4.5788% PA 5.3288% PA
For 6 months and over but less than
12 months 4.7700% PA 5.5200% PA
For 12 months 5.0063% PA 5.8813% PA
For 2 years 5.0063% PA 6.3813% PA
For 3 years 5.0063% PA 6.6313% PA
For 4 years 5.0063% PA 6.8813% PA
For 5 years 5.0063% PA 7.0063% PA
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EURO Value 19-07-2004 Value 19-07-2004
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For 3 months and over but less than
6 months. 1.8675% PA 2.6175% PA
For 6 months and over but less than
12 months 1.9340% PA 2.6840% PA
For 12 months 2.1071% PA 2.9821% PA
For 2 years 2.1071% PA 3.4821% PA
For 3 years 2.1071% PA 3.7321% PA
For 4 years 2.1071% PA 3.9821% PA
For 5 years 2.1071% PA 4.1071% PA
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Japanese Yen Value 19-07-2004 Value 19-07-2004
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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 -0.1849% PA 0.5651% 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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