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 (August 11, 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 12-08-2004 Value 12-08-2004
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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 1.6300% PA 2.3800% PA
For 12 months 1.9638% PA 2.8388% PA
For 2 years 1.9638% PA 3.3388% PA
For 3 years 1.9638% PA 3.5888% PA
For 4 years 1.9638% PA 3.8388% PA
For 5 years 1.9638% PA 3.9638% PA
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POUND STERLING Value 11-08-2004 Value 11-08-2004
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For 3 months and over but less than
6 months 4.7100% PA 5.4600% PA
For 6 months and over but less than
12 months 4.8313% PA 5.5813% PA
For 12 months 4.9900% PA 5.8650% PA
For 2 years 4.9900% PA 6.3650% PA
For 3 years 4.9900% PA 6.6150% PA
For 4 years 4.9900% PA 6.8650% PA
For 5 years 4.9900% PA 6.9900% PA
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EURO Value 12-08-2004 Value 12-08-2004
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For 3 months and over but less than
6 months 1.8603% PA 2.6103% PA
For 6 months and over but less than
12 months 1.9104% PA 2.6604% PA
For 12 months 2.0330% PA 2.9080% PA
For 2 years 2.0330% PA 3.4080% PA
For 3 years 2.0330% PA 3.6580% PA
For 4 years 2.0330% PA 3.9080% PA
For 5 years 2.0330% PA 4.0330% PA
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Japanese Yen Value 12-08-2004 Value 12-08-2004
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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 -0.1849% PA 0.5651% 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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