Mon, 12 Oct 1998

Rate ceiling for Oct. 12 - Oct. 18

Time deposit Maximum rate Maximum rate

Rp deposit (%) $ deposit (%)

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1-month 64 15

3-month 61 15

6-month 50 15

12-month 48 15

24-month 30 18

Maximum overnight rate for rupiah : 58 percent

Maximum overnight rate for U.S. dollars: 14 percent

* Maximum interest rates which are covered by government guarantee.

Source: Bank Indonesia