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 Thursday (August 26, 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 27-08-2004 Value 27-08-2004
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For 3 months and over but less than
6 months 1.5200% PA 2.2700%PA
For 6 months and over but less than
12 months 1.7300% PA 2.4800% PA
For 12 months 2.0500% PA 2.9250% PA
For 2 years 2.0500% PA 3.4250% PA
For 3 years 2.0500% PA 3.6750% PA
For 4 years 2.0500% PA 3.9250% PA
For 5 years 2.0500% PA 4.0500% PA
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POUND STERLING Value 26-08-2004 Value 26-08-2004
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For 3 months and over but less than
6 months 4.7125% PA 5.4625% PA
For 6 months and over but less than
12 months 4.8313% PA 5.5813% PA
For 12 months 5.0088% PA 5.8838% PA
For 2 years 5.0088% PA 6.3838% PA
For 3 years 5.0088% PA 6.6338% PA
For 4 years 5.0088% PA 6.8838% PA
For 5 years 5.0088% PA 7.0088% PA
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EURO Value 27-08-2004 Value 27-08-2004
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For 3 months and over but less than
6 months 1.8644% PA 2.6144% PA
For 6 months and over but less than
12 months 1.9213% PA 2.6713% PA
For 12 months 2.0600% PA 2.9350% PA
For 2 years 2.0600% PA 3.4350% PA
For 3 years 2.0600% PA 3.6850% PA
For 4 years 2.0600% PA 3.9350% PA
For 5 years 2.0600% PA 4.0600% PA
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Japanese Yen Value 27-08-2004 Value 27-08-2004
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For 3 months and over but less than
6 months -0.1988% PA 0.5513% PA
For 6 months and over but less than
12 months -0.1875% PA 0.5625% PA
For 12 months -0.1588% PA 0.7163% PA
For 2 years -0.1588% PA 1.2163% PA
For 3 years -0.1588% PA 1.4663% PA
For 4 years -0.1588% PA 1.7163% PA
For 5 years -0.1588% PA 1.8413% PA
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Copyright Business Recorder, 2004