Record bid in CBRT's second TL deposit purchase auction: 257 billion lira
The Central Bank of the Republic of Turkey received bids totaling 257 billion 340 million lira in its second TL deposit purchase auction with a 360 billion lira limit, while interest rates were set at a minimum of 49.98 percent and a maximum of 50 percent.
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The Central Bank of the Republic of Turkey (CBRT) has conducted its second TL deposit purchase auction. A total of 257 billion 340 million lira in bids were received for the auction.
Within the scope of the 360 billion lira auction, interest rates were also determined. The minimum interest rate was recorded at 49.98 percent, the maximum at 50 percent, and the average interest rate was announced as 50 percent. These figures stand out as an important indicator of market developments and liquidity conditions.