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 (December 29, 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 30-12-2005   Value 30-12-2005

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For  3 months and over but less than

     6 months       4.2769% PA               5.0269% PA

For  6 months and over but less than

    12 months       4.4400% PA               5.1900% PA

For 12 months       4.5700% PA               5.4450% PA

For  2 years        4.5700% PA               5.9450% PA

For  3 years        4.5700% PA               6.1950% PA

For  4 years        4.5700% PA               6.4450% PA

For  5 years        4.5700% PA               6.5700% PA

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POUND STERLING      Value 29-12-2005   Value 29-12-2005

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For  3 months and over but less than

     6 months       4.3841% PA               5.1341% PA

For  6 months and over but less than

    12 months       4.3313% PA               5.0813% PA

For 12 months       4.3088% PA               5.1838% PA

For  2 years        4.3088% PA               5.6838% PA

For  3 years        4.3088% PA               5.9338% PA

For  4 years        4.3088% PA               6.1838% PA

For  5 years        4.3088% PA               6.3088% PA

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EURO                Value 30-12-2005   Value 30-12-2005

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For  3 months and over but less than

     6 months       2.2409% PA               2.9909% PA

For  6 months and over but less than

    12 months       2.3913% PA               3.1413% PA

For 12 months       2.5926% PA               3.4676% PA

For  2 years        2.5926% PA               3.9676% PA

For  3 years        2.5926% PA               4.2176% PA

For  4 years        2.5926% PA               4.4676% PA

For  5 years        2.5926% PA               4.5926% PA

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JAPANESE YEN        Value 30-12-2005   Value 30-12-2005

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For  3 months and over but less than

     6 months       0.1813% PA               0.5688% PA

For  6 months and over but less than

    12 months       0.1688% PA               0.5813% PA

For 12 months       0.1313% PA               0.7438% PA

For  2 years        0.1313% PA               1.2438% PA

For  3 years        0.1313% PA               1.4938% PA

For  4 years        0.1313% PA               1.7438% PA

For  5 years        0.1313% PA               1.8688% PA

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Copyright Business Recorder, 2005