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 (December 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 13-12-2004 Value 13-12-2004
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For 3 months and over but less than
6 months 2.2200% PA 2.9700% PA
For 6 months and over but less than
12 months 2.4100% PA 3.1600% PA
For 12 months 2.6813% PA 3.5563% PA
For 2 years 2.6813% PA 4.0563% PA
For 3 years 2.6813% PA 4.3063% PA
For 4 years 2.6813% PA 4.5563% PA
For 5 years 2.6813% PA 4.6813% PA
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POUND STERLING Value 10-12-2004 Value 10-12-2004
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For 3 months and over but less than
6 months 4.6100% PA 5.3600% PA
For 6 months and over but less than
12 months 4.6338% PA 5.3838% PA
For 12 months 4.6500% PA 5.5250% PA
For 2 years 4.6500% PA 6.0250% PA
For 3 years 4.6500% PA 6.2750% PA
For 4 years 4.6500% PA 6.5250% PA
For 5 years 4.6500% PA 6.6500% PA
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EURO Value 13-12-2004 Value 13-12-2004
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For 3 months and over but less than
6 months 1.9188% PA 2.6688% PA
For 6 months and over but less than
12 months 1.9383% PA 2.6883% PA
For 12 months 2.0100% PA 2.8850% PA
For 2 years 2.0100% PA 3.3850% PA
For 3 years 2.0100% PA 3.6350% PA
For 4 years 2.0100% PA 3.8850% PA
For 5 years 2.0100% PA 4.0100% PA
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Japanese Yen Value 13-12-2004 Value 13-12-2004
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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 -0.1831% PA 0.5669% 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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