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 (January 08, 2018).

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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 08-01-2018   VALUE 08-01-2018

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For  3 months and over but less than

     6 months           1.4538% PA            2.2039% PA

For  6 months and over but less than

    12 Months           1.6083% PA            2.3583% PA

For 12 months           1.8883% PA            2.7633% PA

For  2 Years            1.8883% PA            3.2633% PA

For  3 Years            1.8883% PA            3.4133% PA

For  4 years            1.8883% PA            3.7633% PA

For  5 years            1.8883% PA            3.8883% PA

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POUND STERLING       VALUE 08-01-2018   VALUE 08-01-2018

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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           0.3241% PA            1.0741% PA

For 12 Months           0.5126% PA            1.3876% PA

For  2 Years            0.5126% PA            1.8876% PA

For  3 Years            0.5126% PA            2.1376% PA

For  4 years            0.5126% PA            2.3876% PA

For  5 years            0.5126% PA            2.5126% PA

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EURO                 VALUE 08-01-2018   VALUE 08-01-2018

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For  3 months and over but less than

     6 months           0.1336% PA            0.8836% PA

For  6 months and over but less than

    12 months           0.0743% PA            0.8243% PA

For 12 Months          -0.0024% PA            0.8774% PA

For  2 Years           -0.0024% PA            1.3774% PA

For  3 Years           -0.0024% PA            1.6274% PA

For  4 years           -0.0024% PA            1.8774% PA

For  5 years           -0.0024% PA            1.0024% PA

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JAPANESE YEN         VALUE 08-01-2018   VALUE 08-01-2018

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For  3 months and over but less than

     6 months          -0.2180% PA            0.5320% PA

For  6 months and over but less than

    12 months          -0.2245% PA            0.5263% PA

For 12 Months          -0.1347% PA            0.7403% PA

For  2 Years           -0.1347% PA            1.2403% PA

For  3 Years           -0.1347% PA            1.4903% PA

For  4 Years           -0.1347% PA            1.7403% PA

For  5 years           -0.1347% PA            1.8653% PA

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Copyright Business Recorder, 2018