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 (May 28, 2008).
========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 29-05-2008 Value 29-05-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 2.3944% PA 3.1444% PA
For 6 months and over but less than
12 months 2.5994% PA 3.3494% PA
For 12 months 2.8175% PA 3.6925% PA
For 2 years 2.8175% PA 4.1925% PA
For 3 years 2.8175% PA 4.4425% PA
For 4 years 2.8175% PA 4.6925% PA
For 5 years 2.8175% PA 4.8175% PA
--------------------------------------------------------
POUND STERLING Value 28-05-2008 Value 28-05-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 5.6081% PA 6.3581% PA
For 6 months and over but less than
12 months 5.7088% PA 6.4588% PA
For 12 months 5.8375% PA 6.7125% PA
For 2 years 5.8375% PA 7.2125% PA
For 3 years 5.8375% PA 7.4625% PA
For 4 years 5.8375% PA 7.7125% PA
For 5 years 5.8375% PA 7.8375% PA
--------------------------------------------------------
EURO Value 29-05-2008 Value 29-05-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.6075% PA 5.3575% PA
For 6 months and over but less than
12 months 4.6744% PA 5.4244% PA
For 12 months 4.7969% PA 5.6719% PA
For 2 years 4.7969% PA 6.1719% PA
For 3 years 4.7969% PA 6.4219% PA
For 4 years 4.7969% PA 6.6719% PA
For 5 years 4.7969% PA 6.7969% PA
--------------------------------------------------------
JAPANESE YEN Value 29-05-2008 Value 29-05-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.6675% PA 1.4175% PA
For 6 months and over but less than
12 months 0.7394% PA 1.4894% PA
For 12 months 0.8625% PA 1.7375% PA
For 2 years 0.8625% PA 2.2375% PA
For 3 years 0.8625% PA 2.4875% PA
For 4 years 0.8625% PA 2.7375% PA
For 5 years 0.8625% PA 2.8625% PA
========================================================