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 Wednesday (February 21, 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 21-02-2018    VALUE 21-02-2018

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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 21-02-2018  VALUE 21-02-2018

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For 3 months and over but less than

6 Months           0.2998% PA           1.0498% PA

For 6 months and over but less than

12 months          0.4054% PA           1.1554% PA

For 12 Months      0.6266% PA           1.5016% PA

For 2 Years        0.6266% PA           2.0016% PA

For 3 Years        0.6266% PA           2.2516% PA

For 4 years        0.6266% PA           2.5016% PA

For 5 years        0.6266% PA           2.6266% PA

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EURO          VALUE 21-02-2018    VALUE 21-02-2018

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For 3 months and over but less than

6 months           0.1266% PA           0.8766% PA

For 6 months and over but less than

12 months          0.0720% PA           0.8220% PA

For 12 Months      0.0076% PA           0.8826% PA

For 2 Years        0.0076% PA           1.3826% PA

For 3 Years        0.0076% PA           1.6326% PA

For 4 years        0.0076% PA           1.8826% PA

For 5 years        0.0076% PA           2.0076% PA

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JAPANESE YEN VALUE   21-02-2018   VALUE 21-02-2018

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For 3 months and over but less than

6 months          -0.1862% PA           0.5638% PA

For 6 months and over but less than

12 months         -0.2483% PA           0.5017% PA

For 12 Months     -0.1518% PA           0.7232% PA

For 2 Years       -0.1518% PA           1.2232% PA

For 3 Years       -0.1518% PA           1.4732% PA

For 4 Years       -0.1518% PA           1.7232% PA

For 5 years       -0.1518% PA           1.8482% PA

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Copyright Business Recorder, 2018