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 Tuesday (December 18, 2012).

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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 18-12-2012   VALUE 18-12-2012

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For  3 months and over but less than

     6 months           0.0580% PA            0.8080% PA

For  6 months and over but less than

    12 months           0.2610% PA            1.0110% PA

For 12 months           0.5940% PA            1.4690% PA

For  2 years            0.5940% PA            1.9690% PA

For  3 years            0.5940% PA            2.2190% PA

For  4 years            0.5940% PA            2.4690% PA

For  5 years            0.5940% PA            2.5940% PA

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POUND STERLING       VALUE 18-12-2012   VALUE 18-12-2012

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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           0.4175% PA            1.1675% PA

For 12 months           0.7625% PA            1.6375% PA

For  2 years            0.7625% PA            2.1375% PA

For  3 years            0.7625% PA            2.3875% PA

For  4 years            0.7625% PA            2.6375% PA

For  5 years            0.7625% PA            2.7625% PA

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EURO                 VALUE 18-12-2012   VALUE 18-12-2012

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For  3 months and over but less than

     6 months           0.1271% PA            0.6229% PA

For  6 months and over but less than

    12 months           0.0343% PA            0.7157% PA

For 12 months           0.1871% PA            1.0621% PA

For  2 years            0.1871% PA            1.5621% PA

For  3 years            0.1871% PA            1.8121% PA

For  4 years            0.1871% PA            2.0621% PA

For  5 years            0.1871% PA            2.1871% PA

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JAPANESE YEN         VALUE 18-12-2012   VALUE 18-12-2012

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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           0.0371% PA            0.7871% PA

For 12 months           0.2483% PA            1.1233% PA

For  2 years            0.2483% PA            1.6233% PA

For  3 years            0.2483% PA            1.8733% PA

For  4 years            0.2483% PA            2.1233% PA

For  5 years            0.2483% PA            2.2483% PA

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Copyright Business Recorder, 2012