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 13, 2012).

========================================================

INTEREST PAYABLE ON FE DEPOSITS

========================================================

                         BBA BID           MAXIMUM RATES

                          RATES           FOR PAYMENT OF

                                             INTEREST BY

                                              AUTHORISED

                                                 DEALERS

========================================================

U.S. DOLLARS         VALUE 13-12-2012   VALUE 13-12-2012

--------------------------------------------------------

For  3 months and over but less than

     6 months           0.0595% PA            0.8095% PA

For  6 months and over but less than

    12 months           0.2670% PA            1.0170% PA

For 12 months           0.6020% PA            1.4770% PA

For  2 years            0.6020% PA            1.9770% PA

For  3 years            0.6020% PA            2.2270% PA

For  4 years            0.6020% PA            2.4770% PA

For  5 years            0.6020% PA            2.6020% PA

--------------------------------------------------------

POUND STERLING       VALUE 13-12-2012   VALUE 13-12-2012

--------------------------------------------------------

For  3 months and over but less than

     6 months           0.2688% PA            1.0188% PA

For  6 months and over but less than

    12 months           0.4188% PA            1.1688% PA

For 12 months           0.7631% PA            1.6381% PA

For  2 years            0.7631% PA            2.1381% PA

For  3 years            0.7631% PA            2.3881% PA

For  4 years            0.7631% PA            2.6381% PA

For  5 years            0.7631% PA            2.7631% PA

--------------------------------------------------------

EURO                 VALUE 13-12-2012   VALUE 13-12-2012

--------------------------------------------------------

For  3 months and over but less than

     6 months           0.1293% PA            0.6207% PA

For  6 months and over but less than

    12 months           0.0357% PA            0.7143% PA

For 12 months           0.1900% PA            1.0650% PA

For  2 years            0.1900% PA            1.5650% PA

For  3 years            0.1900% PA            1.8150% PA

For  4 years            0.1900% PA            2.0650% PA

For  5 years            0.1900% PA            2.1900% PA

--------------------------------------------------------

JAPANESE YEN         VALUE 13-12-2012   VALUE 13-12-2012

--------------------------------------------------------

For  3 months and over but less than

     6 months           0.0686% PA            0.6814% PA

For  6 months and over but less than

    12 months           0.0429% PA            0.7929% PA

For 12 months           0.2511% PA            1.1261% PA

For  2 years            0.2511% PA            1.6261% PA

For  3 years            0.2511% PA            1.8761% PA

For  4 years            0.2511% PA            2.1261% PA

For  5 years            0.2511% PA            2.2511% PA

========================================================

Copyright Business Recorder, 2012