Mon, 01 Feb 1999

Rate ceiling for Feb. 1 - Feb. 7

Time deposit Maximum rate Maximum rate

Rp deposit (%) $ deposit (%)

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1-month 43 13

3-month 39 13

6-month 35 12

12-month 34 12

24-month 25 13

Maximum overnight rate for rupiah : 34 percent

Maximum overnight rate for U.S. dollars: 7 percent

* Maximum interest rates which are covered by government guarantee.

Source: Bank Indonesia