CBRT announces rediscount and advance interest rates
The Central Bank of the Republic of Türkiye (CBRT) has set the discount interest rate to be applied in rediscount transactions for bills with 3 months remaining to maturity at 48.25 percent annually, while announcing the interest rate to be applied in advance transactions as 49.25 percent.
The CBRT's communiqué regarding the determination of interest rates to be applied in rediscount and advance transactions has been published in today's issue of the Official Gazette and has entered into force.
Accordingly, the discount interest rate to be applied in rediscount transactions for bills with up to 3 months remaining to maturity has been set at 48.25 percent annually, and the interest rate to be applied in advance transactions has been set at 49.25 percent annually.
News Source: 12punto
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