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 Saturday (July 24, 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 27-07-2004 Value 27-07-2004
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For 3 months and over but less than
6 months 1.4100% PA 2.1600% PA
For 6 months and over but less than
12 months 1.6800% PA 2.4300% PA
For 12 months 2.1400% PA 3.0150% PA
For 2 years 2.1400% PA 3.5150% PA
For 3 years 2.1400% PA 3.7650% PA
For 4 years 2.1400% PA 4.0150% PA
For 5 years 2.1400% PA 4.1400% PA
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POUND STERLING Value 26-07-2004 Value 26-07-2004
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For 3 months and over but less than
6 months 4.6500% PA 5.4000% PA
For 6 months and over but less than
12 months 4.8125% PA 5.5625% PA
For 12 months 5.0675% PA 5.9425% PA
For 2 years 5.0675% PA 6.4425% PA
For 3 years 5.0675% PA 6.6925% PA
For 4 years 5.0675% PA 6.9425% PA
For 5 years 5.0675% PA 7.0675% PA
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EURO Value 27-07-2004 Value 27-07-2004
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For 3 months and over but less than
6 months 1.8694% PA 2.6194% PA
For 6 months and over but less than
12 months 1.9483% PA 2.6983% PA
For 12 months 2.1300% PA 3.0050% PA
For 2 years 2.1300% PA 3.5050% PA
For 3 years 2.1300% PA 3.7550% PA
For 4 years 2.1300% PA 4.0050% PA
For 5 years 2.1300% PA 4.1300% PA
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Japanese Yen Value 27-07-2004 Value 27-07-2004
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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 -0.1836% PA 0.5664% 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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