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