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 (August 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 31-08-2004 Value 31-08-2004
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For 3 months and over but less than
6 months 1.5313% PA 2.2813% PA
For 6 months and over but less than
12 months 1.7400% PA 2.4900% PA
For 12 months 2.0700% PA 2.9450% PA
For 2 years 2.0700% PA 3.4450% PA
For 3 years 2.0700% PA 3.6950% PA
For 4 years 2.0700% PA 3.9450% PA
For 5 years 2.0700% PA 4.0700% PA
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POUND STERLING Value 31-08-2004 Value 31-08-2004
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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 4.8250% PA 5.5750% PA
For 12 months 4.9888% PA 5.8638% PA
For 2 years 4.9888% PA 6.3638% PA
For 3 years 4.9888% PA 6.6138% PA
For 4 years 4.9888% PA 6.8638% PA
For 5 years 4.9888% PA 6.9888% PA
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EURO Value 31-08-2004 Value 31-08-2004
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For 3 months and over but less than
6 months 1.8631% PA 2.6131% PA
For 6 months and over but less than
12 months 1.9117% PA 2.6617% PA
For 12 months 2.0413% PA 2.9163% PA
For 2 years 2.0413% PA 3.4163% PA
For 3 years 2.0413% PA 3.6663% PA
For 4 years 2.0413% PA 3.9163% PA
For 5 years 2.0413% PA 4.0413% PA
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Japanese Yen Value 31-08-2004 Value 31-08-2004
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For 3 months and over but less than
6 months -0.1981% PA 0.5519% PA
For 6 months and over but less than
12 months -0.1845% PA 0.5655% 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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