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 (October 20, 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 21-10-2004 Value 21-10-2004
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For 3 months and over but less than
6 months 1.8300% PA 2.5800% PA
For 6 months and over but less than
12 months 1.9613% PA 2.7113% PA
For 12 months 2.1863% PA 3.0613% PA
For 2 years 2.1863% PA 3.5613% PA
For 3 years 2.1863% PA 3.8113% PA
For 4 years 2.1863% PA 4.0613% PA
For 5 years 2.1863% PA 4.1863% PA
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POUND STERLING Value 20-10-2004 Value 20-10-2004
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For 3 months and over but less than
6 months 4.6425% PA 5.3925% PA
For 6 months and over but less than
12 months 4.7000% PA 5.4500% PA
For 12 months 4.7825% PA 5.6575% PA
For 2 years 4.7825% PA 6.1575% PA
For 3 years 4.7825% PA 6.4075% PA
For 4 years 4.7825% PA 6.6575% PA
For 5 years 4.7825% PA 6.7825% PA
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EURO Value 21-10-2004 Value 21-10-2004
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For 3 months and over but less than
6 months 1.8968% PA 2.6468% PA
For 6 months and over but less than
12 months 1.9313% PA 2.6813% 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 21-10-2004 Value 21-10-2004
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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 -0.1825% PA 0.5675% PA
For 12 months -0.1563% PA 0.7188% PA
For 2 years -0.1563% PA 1.2188% PA
For 3 years -0.1563% PA 1.4688% PA
For 4 years -0.1563% PA 1.7188% PA
For 5 years -0.1563% PA 1.8438% PA
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