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 31, 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 03-08-2004 Value 03-08-2004
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For 3 months and over but less than
6 months 1.4500% PA 2.2000% PA
For 6 months and over but less than
12 months 1.7300% PA 2.4800% PA
For 12 months 2.1838% PA 3.0588% PA
For 2 years 2.1838% PA 3.5588% PA
For 3 years 2.1838% PA 3.8088% PA
For 4 years 2.1838% PA 4.0588% PA
For 5 years 2.1838% PA 4.1838% PA
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POUND STERLING Value 02-08-2004 Value 02-08-2004
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For 3 months and over but less than
6 months 4.6888% PA 5.4388% PA
For 6 months and over but less than
12 months 4.8650% PA 5.6150% PA
For 12 months 5.1275% PA 6.0025% PA
For 2 years 5.1275% PA 6.5025% PA
For 3 years 5.1275% PA 6.7525% PA
For 4 years 5.1275% PA 7.0025% PA
For 5 years 5.1275% PA 7.1275% PA
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EURO Value 03-08-2004 Value 03-08-2004
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For 3 months and over but less than
6 months 1.8670% PA 2.6170% PA
For 6 months and over but less than
12 months 1.9488% PA 2.6988% 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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Japanese Yen Value 03-08-2004 Value 03-08-2004
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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 -0.1556% PA 0.7194% PA
For 2 years -0.1556% PA 1.2194% PA
For 3 years -0.1556% PA 1.4694% PA
For 4 years -0.1556% PA 1.7194% PA
For 5 years -0.1556% PA 1.8444% PA
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