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 Friday (May 12, 2017).

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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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U.S. DOLLARS         VALUE 12-05-2017   VALUE 12-05-2017

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For  3 months and over but less than

     6 months           0.9309% PA            1.6809% PA

For  6 months and over but less than

    12 Months           1.1921% PA            1.9421% PA

For 12 months           1.5376% PA            2.4126% PA

For  2 Years            1.5376% PA            2.9126% PA

For  3 Years            1.5376% PA            3.1626% PA

For  4 years            1.5376% PA            3.4126% PA

For  5 years            1.5376% PA            3.5376% PA

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POUND STERLING       VALUE 12-05-2017   VALUE 12-05-2017

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For  3 months and over but less than

     6 Months           0.0646% PA            0.8146% PA

For  6 months and over but less than

    12 months           0.2137% PA            0.9637% PA

For 12 Months           0.4249% PA            1.2999% PA

For  2 Years            0.4249% PA            1.7999% PA

For  3 Years            0.4249% PA            2.0499% PA

For  4 years            0.4249% PA            2.2999% PA

For  5 years            0.4249% PA            2.4249% PA

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EURO                 VALUE 12-05-2017   VALUE 12-05-2017

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For  3 months and over but less than

     6 months           0.1186% PA            0.8686% PA

For  6 months and over but less than

    12 months          -0.0236% PA            0.7736% PA

For 12 Months          -0.1067% PA            0.7683% PA

For  2 Years           -0.1067% PA            1.2683% PA

For  3 Years           -0.1067% PA            1.5183% PA

For  4 years           -0.1067% PA            1.7683% PA

For  5 years           -0.1067% PA            1.8933% PA

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JAPANESE YEN         VALUE 12-05-2017   VALUE 12-05-2017

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For  3 months and over but less than

     6 months          -0.2485% PA            0.5015% PA

For  6 months and over but less than

    12 months          -0.2214% PA            0.5286% PA

For 12 Months          -0.1063% PA            0.7687% PA

For  2 Years           -0.1063% PA            1.2687% PA

For  3 Years           -0.1063% PA            1.5187% PA

For  4 Years           -0.1063% PA            1.7687% PA

For  5 years           -0.1063% PA            1.8937% PA

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Copyright Business Recorder, 2017