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 Thursday (February 12, 2004).
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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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US Dollars Value 13-02-2004 Value 13-02-2004
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For 3 months and over but less than
6 months 0.8800% PA 1.6300% PA
For 6 months and over but less than
12 months 0.9594% PA 1.7094% PA
For 12 months 1.2025% PA 2.0775% PA
For 2 years 1.2025% PA 2.5775% PA
For 3 years 1.2025% PA 2.8275% PA
For 4 years 1.2025% PA 3.0775% PA
For 5 years 1.2025% PA 3.2025% PA
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POUND STERLING Value 12-02-2004 Value 12-02-2004
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For 3 months and over but less than
6 months 3.9100% PA 4.6600% PA
For 6 months and over but less than
12 months 4.0350% PA 4.7850% PA
For 12 months 4.2750% PA 5.1500% PA
For 2 years 4.2750% PA 5.6500% PA
For 3 years 4.2750% PA 5.9000% PA
For 4 years 4.2750% PA 6.1500% PA
For 5 years 4.2750% PA 6.2750% PA
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EURO Value 13-02-2004 Value 13-02-2004
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For 3 months and over but less than
6 months 1.8218% PA 2.5718% PA
For 6 months and over but less than
12 months 1.8452% PA 2.5952% PA
For 12 months 1.9371% PA 2.8121% PA
For 2 years 1.9371% PA 3.3121% PA
For 3 years 1.9371% PA 3.5621% PA
For 4 years 1.9371% PA 3.8121% PA
For 5 years 1.9371% PA 3.9371% PA
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Japanese Yen Value 13-02-2004 Value 13-02-2004
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For 3 months and over but less than
6 months -0.1973% PA 0.5528% PA
For 6 months and over but less than
12 months -0.1846% PA 0.5654% PA
For 12 months -0.1613% PA 0.7138% PA
For 2 years -0.1613% PA 1.2138% PA
For 3 years -0.1613% PA 1.4638% PA
For 4 years -0.1613% PA 1.7138% PA
For 5 years -0.1613% PA 1.8388% PA
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