Rate ceiling for Dec. 7 - Dec. 13
Time deposit Maximum rate Maximum rate
Rp deposit (%) $ deposit (%)
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1-month 46 15
3-month 42 14
6-month 36 14
12-month 34 14
24-month 24 16
Maximum overnight rate for rupiah : 40 percent
Maximum overnight rate for U.S. dollars: 10 percent
* Maximum interest rates which are covered by government guarantee.
Source: Bank Indonesia