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CBRT: Interest rate for rediscount and advance transactions has been determined

By the Central Bank of the Republic of Turkiye, the discount interest rate to be applied in rediscount transactions against bills with a maximum of 3 months remaining to maturity has been determined as 43.25% annually, and the interest rate to be applied in advance transactions has been determined as 44.25% annually.

The CBRT’s communiqué on the determination of the interest rates to be applied in rediscount and advance transactions came into force after being published in today’s issue of the Official Gazette.

Accordingly, the discount interest rate to be applied in rediscount transactions against bills with a maximum of 3 months until maturity was determined as 43.25% annually, and the interest rate to be applied in advance transactions was determined as 44.25% annually.

Source: Trthaber / Prepared by Irem Yildiz

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