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 Wednesday (December 19, 2012).

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

INTEREST PAYABLE ON FE DEPOSITS

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

                         BBA BID           MAXIMUM RATES

                          RATES           FOR PAYMENT OF

                                             INTEREST BY

                                              AUTHORISED

                                                 DEALERS

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

US   DOLLARS         VALUE 19-12-2012   VALUE 19-12-2012

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

For  3 months and over but less than

     6 months           0.0590% PA            0.8090% PA

For  6 months and over but less than

    12 months           0.2585% PA            1.0085% PA

For 12 months           0.5925% PA            1.4675% PA

For  2 years            0.5925% PA            1.9675% PA

For  3 years            0.5925% PA            2.2175% PA

For  4 years            0.5925% PA            2.4675% PA

For  5 years            0.5925% PA            2.5925% PA

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

POUND STERLING       VALUE 19-12-2012   VALUE 19-12-2012

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

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           0.4175% PA            1.1675% PA

For 12 months           0.7619% PA            1.6369% PA

For  2 years            0.7619% PA            2.1369% PA

For  3 years            0.7619% PA            2.3869% PA

For  4 years            0.7619% PA            2.6369% PA

For  5 years            0.7619% PA            2.7619% PA

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

EURO                 VALUE 19-12-2012   VALUE 19-12-2012

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

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           0.1886% PA            1.0636% PA

For  2 years            0.1886% PA            1.5636% PA

For  3 years            0.1886% PA            1.8136% PA

For  4 years            0.1886% PA            2.0636% PA

For  5 years            0.1886% PA            2.1886% PA

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

JAPANESE YEN         VALUE 19-12-2012   VALUE 19-12-2012

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

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           0.0343% PA            0.7843% PA

For 12 months           0.2400% PA            1.1150% PA

For  2 years            0.2400% PA            1.6150% PA

For  3 years            0.2400% PA            1.8650% PA

For  4 years            0.2400% PA            2.1250% PA

For  5 years            0.2400% PA            2.2400% PA

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

Copyright Business Recorder, 2012