Money market rates
Indicative as at
June 27, 2008
At Investec Bank (Mauritius) Limited we focus on competitive interest rates, personalised service and flexibility. We provide an extensive range of multicurrency deposit facilities, fixed and call accounts and foreign exchange services, many of which can be tailored to meet your banking needs.
Call deposit rates
US Dollars Tier 1 Tier 2 Tier 3 Sterling Tier 1 Tier 2 Tier 3 Euro Tier 1 Tier 2 Tier 3 From $50,000 $500,000 $1,000,000 From £50,000 £500,000 £1,000,000 From € 50,000 € 500,000 € 1,000,000 To $500,000 $1,000,000 Plus To £500,000 £1,000,000 Plus To € 500,000 € 1,000,000 Plus Rate % 1.53 1.78 1.88 Rate % 4.60 4.75 4.85 Rate % 3.58 3.98 4.08 Swiss Francs Tier 1 Tier 2 Tier 3 AUD Dollars Tier 1 Tier 2 Tier 3 Rands Tier 1 Tier 2 Tier 3 From Chf 0 Chf 500,000 Chf 1,000,000 From Aud $ 50,000 Aud $ 500,000 Aud $ 1,000,000 From R 100,000 R 1,000,000 R 3,000,000 To Chf 500,000 Chf 1,000,000 Plus To Aud $ 500,000 Aud $ 1,000,000 Plus To R 1,000,000 R 3,000,000 Plus Rate % 0.00 0.64 0.89 Rate % 6.23 6.43 6.73 Rate % 10.52 10.72 10.82
Floating rates are based on a spread under or over the daily/weekly/monthly relevant reference rate (the reference rate being the appropriate Libor and Jibar rate. Interest is calculated daily and paid monthly.
Fixed term deposit rates*
US Dollars 1 month % 2.13 Sterling 1 month % 5.20 Euro 1 month % 4.43 Rands 1 month % 11.60 3 months % 11.82 6 months % 12.40 1 year % 13.28 3 months % 4.66 6 months % 4.92 1 year % 5.32 3 months % 2.56 3 months % 5.50 6 months % 3.05 6 months % 5.89 1 year % 3.56 1 year % 6.32
* All fixed term deposits are from USD 50,000 (orcurrency equivalent). The treasury desk should be contacted for quotes on CHF and AUD deposits, for amounts greater than USD 1Mln or currency equivalent, and for fixed term deposits greater than 1 year in duration.
Contact: Client Relations 7th Floor, Harbour Front Building, Address President John Kennedy Street, Port Louis, Mauritius Telephone Facsimile Email Website (230) 207 4000 (230) 207 4003 infomru@investec.co.mu http://www.investec.com
Investec Bank (Mauritius) Limited Investec Bank (Mauritius) Limited (“the Bank”) is incorporated in the Republic of Mauritius. The Bank is registered in accordance with the Banking Act 2004 and regulated by the Bank of Mauritius to carry on banking and investment business. Copies of the Bank’s latest audited accounts are available upon request or on the referenced website. Please note that 1) Interest on deposits and income on investments is paid gross of tax in Mauritiu (except for residents in Mauritius where a 15% withholding tax on interest applies), however you may be liable to tax on this in the jurisdiction in which you are registered for tax; 2) The product information in this brief is subject to change at any time by the Bank at its sole discretion. The Bank takes no liability for any loss caused to you arising from such change; 3) All transactions with the Bank will be subject to the Bank's standard terms and conditions.