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 Friday (October 22, 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 25-10-2004 Value 25-10-2004
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For 3 months and over but less than
6 months 1.8500% PA 2.6000% PA
For 6 months and over but less than
12 months 1.9700% PA 2.7200% 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
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POUND STERLING Value 22-10-2004 Value 22-10-2004
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For 3 months and over but less than
6 months 4.6488% PA 5.3988% PA
For 6 months and over but less than
12 months 4.7000% PA 5.4500% PA
For 12 months 4.7675% PA 5.6425% PA
For 2 years 4.7675% PA 6.1425% PA
For 3 years 4.7675% PA 6.3925% PA
For 4 years 4.7675% PA 6.6425% PA
For 5 years 4.7675% PA 6.7675% PA
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EURO Value 25-10-2004 Value 25-10-2004
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For 3 months and over but less than
6 months 1.8950% PA 2.6450% PA
For 6 months and over but less than
12 months 1.9279% PA 2.6779% PA
For 12 months 2.0234% PA 2.8984% PA
For 2 years 2.0234% PA 3.3984% PA
For 3 years 2.0234% PA 3.6484% PA
For 4 years 2.0234% PA 3.8984% PA
For 5 years 2.0234% PA 4.0234% PA
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Japanese Yen Value 25-10-2004 Value 25-10-2004
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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 -0.1850% PA 0.5650% PA
For 12 months -0.1575% PA 0.7175% PA
For 2 years -0.1575% PA 1.2175% PA
For 3 years -0.1575% PA 1.4675% PA
For 4 years -0.1575% PA 1.7175% PA
For 5 years -0.1575% PA 1.8425% PA
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