Mon, 05 Oct 1998

Rate ceiling for Oct. 5 - Oct. 11

Time deposit Maximum rate Maximum rate

Rp deposit (%) $ deposit (%)

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1-month 66 15

3-month 61 15

6-month 50 15

12-month 48 15

24-month 29 18

Maximum overnight rate for rupiah : 52 percent

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

* Maximum interest rates which are covered by government guarantee.

Source: Bank Indonesia