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 Thursday (July 29, 2004).
=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 30-07-2004 Value 30-07-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.4300% PA 2.1800% PA
For 6 months and over but less than
12 months 1.7300% PA 2.4800% PA
For 12 months 2.2200% PA 3.0950% PA
For 2 years 2.2200% PA 3.5950% PA
For 3 years 2.2200% PA 3.8450% PA
For 4 years 2.2200% PA 4.0950% PA
For 5 years 2.2200% PA 4.2200% PA
-------------------------------------------------------
POUND STERLING Value 29-07-2004 Value 29-07-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 4.6800% PA 5.4300% PA
For 6 months and over but less than
12 months 4.8431% PA 5.5931% PA
For 12 months 5.0938% PA 5.9688% PA
For 2 years 5.0938% PA 6.4688% PA
For 3 years 5.0938% PA 6.7188% PA
For 4 years 5.0938% PA 6.9688% PA
For 5 years 5.0938% PA 7.0938% PA
-------------------------------------------------------
EURO Value 30-07-2004 Value 30-07-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.8700% PA 2.6200% PA
For 6 months and over but less than
12 months 1.9625% PA 2.7125% PA
For 12 months 2.1700% PA 3.0450% PA
For 2 years 2.1700% PA 3.5450% PA
For 3 years 2.1700% PA 3.7950% PA
For 4 years 2.1700% PA 4.0450% PA
For 5 years 2.1700% PA 4.1700% PA
-------------------------------------------------------
Japanese Yen Value 30-07-2004 Value 30-07-2004
-------------------------------------------------------
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 -0.1569% 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
=======================================================