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 Wednesday (July 28, 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 29-07-2004 Value 29-07-2004
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For 3 months and over but less than
6 months 1.4200% PA 2.1700%PA
For 6 months and over 0but less than
12 months 1.7100% PA 2.4600% PA
For 12 months 2.1800% PA 3.0550% PA
For 2 years 2.1800% PA 3.5550% PA
For 3 years 2.1800% PA 3.8050% PA
For 4 years 2.1800% PA 4.0550% PA
For 5 years 2.1800% PA 4.1800% PA
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POUND STERLING Value 28-07-2004 Value 28-07-2004
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For 3 months and over but less than
6 months 4.6788% PA 5.4288% PA
For 6 months and over but less than
12 months 4.8425% PA 5.5925% PA
For 12 months 5.0875% PA 5.9625% PA
For 2 years 5.0875% PA 6.4625% PA
For 3 years 5.0875% PA 6.7125% PA
For 4 years 5.0875% PA 6.9625% PA
For 5 years 5.0875% PA 7.0875% PA
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EURO Value 29-07-2004 Value 29-07-2004
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For 3 months and over but less than
6 months 1.8684% PA 2.6184% PA
For 6 months and over but less than
12 months 1.9561% PA 2.7061% PA
For 12 months 2.1536% PA 3.0286% PA
For 2 years 2.1536% PA 3.5286% PA
For 3 years 2.1536% PA 3.7786% PA
For 4 years 2.1536% PA 4.0286% PA
For 5 years 2.1536% PA 4.1536% PA
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Japanese Yen Value 29-07-2004 Value 29-07-2004
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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 -0.1861% PA 0.5639% 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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