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To: EL KABONG!!! who wrote (72)10/15/1999 8:04:00 AM
From: tonto  Respond to of 228
 
KJC, this may lead some to ask more questions as to why BNI is the bank chosen and why it would want to participate in a loan...

bi.go.id

No. 1/86/BGub/Humas

PRESS RELEASE

SBI INTEREST RATE RISES

Today's Bank Indonesia Certificate (SBI) weighted average interest rate for one-month maturity is 13%, slightly increases from that of last week, which was 12.97%. The auction could absorb Rp 10.31 trillion, which is 96.07% of the bids.

The increasing interest rate is in line with banks' intention to bid on higher interest rate due to weakening of Rupiah exchange rate.