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 (January 07, 2004).
=======================================================
INTEREST PAYABLE ON FE DEPOSITS
=======================================================
BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
=======================================================
US Dollars Value 08-01-2004 Value 08-01-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 0.9000% PA 1.6500% PA
For 6 months and over but less than
12 months 0.9794% PA 1.7294% PA
For 12 months 1.2556% PA 2.1306% PA
For 2 years 1.2556% PA 2.6306% PA
For 3 years 1.2556% PA 2.8806% PA
For 4 years 1.2556% PA 3.1306% PA
For 5 years 1.2556% PA 3.2556% PA
-------------------------------------------------------
POUND STERLING Value 07-01-2004 Value 07-01-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 3.7950% PA 4.5450% PA
For 6 months and over but less than
12 months 3.9648% PA 4.7148% PA
For 12 months 4.2463% PA 5.1213% PA
For 2 years 4.2463% PA 5.6213% PA
For 3 years 4.2463% PA 5.8713% PA
For 4 years 4.2463% PA 6.1213% PA
For 5 years 4.2463% PA 6.2463% PA
-------------------------------------------------------
EURO Value 08-01-2004 Value 08-01-2004
-------------------------------------------------------
For 3 months and over but less than
6 months 1.8598% PA 2.6098% PA
For 6 months and over but less than
12 months 1.8913% PA 2.6413% PA
For 12 months 2.0313% PA 2.9063% PA
For 2 years 2.0313% PA 3.4063% PA
For 3 years 2.0313% PA 3.6563% PA
For 4 years 2.0313% PA 3.9063% PA
For 5 years 2.0313% PA 4.0313% PA
-------------------------------------------------------
Japanese Yen Value 08-01-2004 Value 08-01-2004
-------------------------------------------------------
For 3 months and over but less than
6 months -0.1900% PA 0.5600% PA
For 6 months and over but less than
12 months -0.1788% PA 0.5713% PA
For 12 months -0.1549% PA 0.7201% PA
For 2 years -0.1549% PA 1.2201% PA
For 3 years -0.1549% PA 1.4701% PA
For 4 years -0.1549% PA 1.7201% PA
For 5 years -0.1549% PA 1.8451% PA
=======================================================
Copyright Business Recorder, 2004