17.09.2025 01:30
With the communiqué published in the Official Gazette, the Central Bank of the Republic of Turkey has reduced the discount interest rate for rediscount transactions to 41.25% annually.
The Central Bank of the Republic of Turkey (CBRT) has redefined the interest rates to be applied in rediscount and advance transactions.
The interest rates to be applied in rediscount and advance transactions have been announced by the Central Bank of the Republic of Turkey in the Official Gazette.
REDISCOUNT AND ADVANCE INTEREST RATES REDEFINED
According to the communiqué; the discount interest rate to be applied in rediscount transactions for promissory notes with a maximum maturity of 3 months has been determined as 41.25% annually, while the interest rate to be applied in advance transactions has been set at 42.25% annually.
Rediscount refers to the re-exchange (rediscount) of securities that have been transferred for a fee (discount), in other words, those that have been discounted.