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 Saturday (October 11, 2008).
========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
========================================================
US Dollars Value 14-10-2008 Value 14-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 4.5000% PA 5.2500% PA
For 6 months and over but less than
12 months 4.1250% PA 4.8750% PA
For 12 months 3.9838% PA 4.8588% PA
For 2 years 3.9838% PA 5.3588% PA
For 3 years 3.9838% PA 5.6088% PA
For 4 years 3.9838% PA 5.8588% PA
For 5 years 3.9838% PA 5.9838% PA
--------------------------------------------------------
POUND STERLING Value 13-10-2008 Value 13-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 6.0350% PA 6.7850% PA
For 6 months and over but less than
12 months 6.1300% PA 6.8800% PA
For 12 months 6.2319% PA 7.1069% PA
For 2 years 6.2319% PA 7.6069% PA
For 3 years 6.2319% PA 7.8569% PA
For 4 years 6.2319% PA 8.1069% PA
For 5 years 6.2319% PA 8.2319% PA
--------------------------------------------------------
EURO Value 14-10-2008 Value 14-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 5.1163% PA 5.8663% PA
For 6 months and over but less than
12 months 5.1763% PA 5.9263% PA
For 12 months 5.2288% PA 6.1038% PA
For 2 years 5.2288% PA 6.6038% PA
For 3 years 5.2288% PA 6.8538% PA
For 4 years 5.2288% PA 7.1038% PA
For 5 years 5.2288% PA 7.2288% PA
--------------------------------------------------------
JAPANESE YEN Value 14-10-2008 Value 14-10-2008
--------------------------------------------------------
For 3 months and over but less than
6 months 0.8363% PA 1.5863% PA
For 6 months and over but less than
12 months 0.9138% PA 1.6638% PA
For 12 months 1.0775% PA 1.9525% PA
For 2 years 1.0775% PA 2.4525% PA
For 3 years 1.0775% PA 2.7025% PA
For 4 years 1.0775% PA 2.9525% PA
For 5 years 1.0775% PA 3.0775% PA
========================================================