CBRT raised rediscount interest rates

CBRT

In the Official Gazette, the Central Bank of the Republic of Turkey announced the Determination of Interest Rates to be Applied in Rediscount and Advance Transactions.

According to the Communiqué;

The discount interest rate to be applied in rediscount transactions against bills with a maximum of 3 months to maturity was determined as 43.25 percent per annum and the interest rate to be applied in advance transactions was determined as 44.25 percent per annum.

Since December 1, the rate was 40.75 percent for rediscount transactions and 41.75 percent for advance transactions.

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