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 (February 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 22-02-2005 Value 22-02-2005
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For 3 months and over but less than
6 months 2.5975% PA 3.3475% PA
For 6 months and over but less than
12 months 2.8300% PA 3.5800% PA
For 12 months 3.1713% PA 4.0463% PA
For 2 years 3.1713% PA 4.5463% PA
For 3 years 3.1713% PA 4.7963% PA
For 4 years 3.1713% PA 5.0463% PA
For 5 years 3.1713% PA 5.1713% PA
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POUND STERLING Value 21-02-2005 Value 21-02-2005
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For 3 months and over but less than
6 months 4.6388% PA 5.3888% PA
For 6 months and over but less than
12 months 4.6963% PA 5.4463% PA
For 12 months 4.8000% PA 5.6750% PA
For 2 years 4.8000% PA 6.1750% PA
For 3 years 4.8000% PA 6.4250% PA
For 4 years 4.8000% PA 6.6750% PA
For 5 years 4.8000% PA 6.8000% PA
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EURO Value 22-02-2005 Value 22-02-2005
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For 3 months and over but less than
6 months 1.8838% PA 2.6338% PA
For 6 months and over but less than
12 months 1.9268% PA 2.6768% 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 22-02-2005 Value 22-02-2005
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For 3 months and over but less than
6 months 0.1981% PA 0.5519% PA
For 6 months and over but less than
12 months 0.1838% PA 0.5663% PA
For 12 months 0.1563% PA 0.7188% PA
For 2 years 0.1563% PA 1.2188% PA
For 3 years 0.1563% PA 1.4688% PA
For 4 years 0.1563% PA 1.7188% PA
For 5 years 0.1563% PA 1.8438% PA
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Copyright Business Recorder, 2005