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 (February 19, 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 19-02-2018   VALUE 19-02-2018

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For  3 months and over but less than

     6 months           1.6225% PA            2.3725% PA

For  6 months and over but less than

    12 Months           1.8464% PA            2.5964% PA

For 12 months           2.1313% PA            3.0063% PA

For  2 Years            2.1313% PA            3.5063% PA

For  3 Years            2.1313% PA            3.7563% PA

For  4 years            2.1313% PA            4.0063% PA

For  5 years            2.1313% PA            4.1313% PA

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POUND STERLING       VALUE 19-02-2018   VALUE 19-02-2018

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For  3 months and over but less than

     6 Months           0.2966% PA            1.0466% PA

For  6 months and over but less than

    12 months           0.4034% PA            1.1534% PA

For 12 Months           0.6238% PA            1.4988% PA

For  2 Years            0.6238% PA            1.9988% PA

For  3 Years            0.6238% PA            2.2488% PA

For  4 years            0.6238% PA            2.4988% PA

For  5 years            0.6238% PA            2.6238% PA

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EURO                 VALUE 19-02-2018   VALUE 19-02-2018

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For  3 months and over but less than

     6 months           0.1300% PA            0.8800% PA

For  6 months and over but less than

    12 months           0.0777% PA            0.8270% PA

For 12 Months           0.0063% PA            0.8813% PA

For  2 Years            0.0063% PA            1.3813% PA

For  3 Years            0.0063% PA            1.6313% PA

For  4 years            0.0063% PA            1.8813% PA

For  5 years            0.0063% PA            2.0063% PA

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JAPANESE YEN         VALUE 19-02-2018   VALUE 19-02-2018

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For  3 months and over but less than

     6 months          -0.1813% PA            0.5687% PA

For  6 months and over but less than

    12 months          -0.2460% PA            0.5040% PA

For 12 Months          -0.1515% PA            0.7235% PA

For  2 Years           -0.1515% PA            1.2235% PA

For  3 Years           -0.1515% PA            1.4735% PA

For  4 Years           -0.1515% PA            1.7235% PA

For  5 years           -0.1515% PA            1.8485% PA

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Copyright Business Recorder, 2018