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 Monday (May 15, 2017).

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

INTEREST PAYABLE ON FE DEPOSITS

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

                         BBA BID           MAXIMUM RATES

                          RATES           FOR PAYMENT OF

                                             INTEREST BY

                                              AUTHORISED

                                                 DEALERS

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

U.S. DOLLARS         VALUE 15-05-2017   VALUE 15-05-2017

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

For  3 months and over but less than

     6 months           0.9318% PA            1.6818% PA

For  6 months and over but less than

    12 Months           1.1893% PA            1.9393% PA

For 12 months           1.5357% PA            2.4107% PA

For  2 Years            1.5357% PA            2.9107% PA

For  3 Years            1.5357% PA            3.1607% PA

For  4 years            1.5357% PA            3.4107% PA

For  5 years            1.5357% PA            3.5357% PA

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

POUND STERLING       VALUE 15-05-2017   VALUE 15-05-2017

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

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           0.2122% PA            0.9622% PA

For 12 Months           0.4245% PA            1.2995% PA

For  2 Years            0.4245% PA            1.7995% PA

For  3 Years            0.4245% PA            2.0495% PA

For  4 years            0.4245% PA            2.2995% PA

For  5 years            0.4245% PA            2.4245% PA

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

EURO                 VALUE 15-05-2017   VALUE 15-05-2017

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

For  3 months and over but less than

     6 months           0.1171% PA            0.8671% PA

For  6 months and over but less than

    12 months           0.0229% PA            0.7729% 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

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

JAPANESE YEN         VALUE 15-05-2017   VALUE 15-05-2017

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

For  3 months and o ver but less than

     6 months           0.2491% PA            0.5009% PA

For  6 months and over but less than

    12 months           0.2239% PA            0.5261% PA

For 12 Months           0.1077% PA            0.7673% PA

For  2 Years            0.1077% PA            1.2673% PA

For  3 Years            0.1077% PA            1.5173% PA

For  4 Years            0.1077% PA            1.7673% PA

For  5 years            0.1077% PA            1.8923% PA

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

Copyright Business Recorder, 2017