Bank interest rates
Rate ceiling for Nov.9-Nov.15*
Time deposit Maximum rate Maximum rate
rupiah deposit (%) U.S. dollar deposit (%)
---------------------------------------------------------
1-month 57 15
3-month 56 14
6-month 47 14
12-month 45 14
24-month 30 18
Maximum overnight rate for rupiah : 47 percent
Maximum overnight rate for U.S. dollars: 13 percent
* Maximum bank time deposit and overnight interest rates which are covered by government guarantee.
Source: Bank Indonesia