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 (December 29, 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 29-12-2017   VALUE 29-12-2017

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For  3 months and over but less than

     6 months           1.4434% PA            2.1934% PA

For  6 months and over but less than

    12 Months           1.5930% PA            2.3430% PA

For 12 months           1.8606% PA            2.7356% PA

For  2 Years            1.8606% PA            3.2356% PA

For  3 Years            1.8606% PA            3.4856% PA

For  4 years            1.8606% PA            3.7356% PA

For  5 years            1.8606% PA            3.8606% PA

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POUND STERLING       VALUE 29-12-2017   VALUE 29-12-2017

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For  3 months and over but less than

     6 Months           0.2675% PA            1.0175% PA

For  6 months and over but less than

    12 months           0.3283% PA            1.0783% PA

For 12 Months           0.5203% PA            1.3953% PA

For  2 Years            0.5203% PA            1.8953% PA

For  3 Years            0.5203% PA            2.1453% PA

For  4 years            0.5203% PA            2.3953% PA

For  5 years            0.5203% PA            2.5203% PA

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EURO                 VALUE 29-12-2017   VALUE 29-12-2017

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For  3 months and over but less than

     6 months           0.1347% PA            0.8847% PA

For  6 months and over but less than

    12 months           0.0716% PA            0.8216% PA

For 12 Months          -0.0054% PA            0.8696% PA

For  2 Years           -0.0054% PA            1.3696% PA

For  3 Years           -0.0054% PA            1.6196% PA

For  4 years           -0.0054% PA            1.8696% PA

For  5 years           -0.0054% PA            1.9946% PA

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JAPANESE YEN         VALUE 29-12-2017   VALUE 29-12-2017

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For  3 months and over but less than

     6 months          -0.2160% PA            0.5340% PA

For  6 months and over but less than

    12 months          -0.2358% PA            0.5142% PA

For 12 Months          -0.1315% PA            0.7435% PA

For  2 Years           -0.1315% PA            1.2453% PA

For  3 Years           -0.1315% PA            1.4935% PA

For  4 Years           -0.1315% PA            1.7435% PA

For  5 years           -0.1315% PA            1.8685% PA

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Copyright Business Recorder, 2017