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 Monday (March 21, 2005).
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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 22-03-2005 Value 22-03-2005
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For 3 months and over but less than
6 months 2.8000% PA 3.5500% PA
For 6 months and over but less than
12 months 3.0500% PA 3.8000% PA
For 12 months 3.4425% PA 4.3175% PA
For 2 years 3.4425% PA 4.8175% PA
For 3 years 3.4425% PA 5.0675% PA
For 4 years 3.4425% PA 5.3175% PA
For 5 years 3.4425% PA 5.4425% PA
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POUND STERLING Value 21-03-2005 Value 21-03-2005
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For 3 months and over but less than
6 months 4.7350% PA 5.4850% PA
For 6 months and over but less than
12 months 4.8188% PA 5.5688% PA
For 12 months 4.9288% PA 5.8038% PA
For 2 years 4.9288% PA 6.3038% PA
For 3 years 4.9288% PA 6.5538% PA
For 4 years 4.9288% PA 6.8038% PA
For 5 years 4.9288% PA 6.9288% PA
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EURO Value 22-03-2005 Value 22-03-2005
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For 3 months and over but less than
6 months 1.8834% PA 2.6334% PA
For 6 months and over but less than
12 months 1.9386% PA 2.6886% PA
For 12 months 2.0899% PA 2.9649% PA
For 2 years 2.0899% PA 3.4649% PA
For 3 years 2.0899% PA 3.7149% PA
For 4 years 2.0899% PA 3.9649% PA
For 5 years 2.0899% PA 4.0899% PA
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JAPANESE YEN Value 22-03-2005 Value 22-03-2005
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For 3 months and over but less than
6 months 0.1950% PA 0.5550% PA
For 6 months and over but less than
12 months 0.1819% PA 0.5681% PA
For 12 months 0.1538% PA 0.7213% PA
For 2 years 0.1538% PA 1.2213% PA
For 3 years 0.1538% PA 1.4713% PA
For 4 years 0.1538% PA 1.7213% PA
For 5 years 0.1538% PA 1.8463% PA
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