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 (November 10, 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 10-11-2004 Value 10-11-2004
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For 3 months and over but less than
6 months 2.0100% PA 2.7600% PA
For 6 months and over but less than
12 months 2.2000% PA 2.9500% PA
For 12 months 2.5075% PA 3.3825% PA
For 2 years 2.5075% PA 3.8825% PA
For 3 years 2.5075% PA 4.1325% PA
For 4 years 2.5075% PA 4.3825% PA
For 5 years 2.5075% PA 4.5075% PA
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POUND STERLING Value 10-11-2004 Value 10-11-2004
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For 3 months and over but less than
6 months 4.6500% PA 5.4000% PA
For 6 months and over but less than
12 months 4.7400% PA 5.4900% PA
For 12 months 4.8525% PA 5.7275% PA
For 2 years 4.8525% PA 6.2275% PA
For 3 years 4.8525% PA 6.4775% PA
For 4 years 4.8525% PA 6.7275% PA
For 5 years 4.8525% PA 6.8525% PA
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EURO Value 10-11-2004 Value 10-11-2004
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For 3 months and over but less than
6 months 1.9200% PA 2.6700% PA
For 6 months and over but less than
12 months 1.9888% PA 2.7388% PA
For 12 months 2.1358% PA 3.0108% PA
For 2 years 2.1358% PA 3.5108% PA
For 3 years 2.1358% PA 3.7608% PA
For 4 years 2.1358% PA 4.0108% PA
For 5 years 2.1358% PA 4.1358% PA
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Japanese Yen Value 10-11-2004 Value 10-11-2004
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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 -0.1825% PA 0.5675% 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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