The Central Bank of the Republic of Turkey (TCMB) has opened a TL deposit purchase auction for the first time in 20 years.

The Central Bank of the Republic of Turkey (TCMB) has opened a TL deposit purchase auction for the first time in 20 years.

24.01.2025 17:21

The Central Bank, after a 20-year hiatus, conducted a one-month maturity TL deposit auction, carrying out a total of 100 billion lira, 900 billion lira, and 20 billion lira auctions.

```html

The Central Bank of the Republic of Turkey (CBRT) has opened TL deposit purchase auctions of 100 billion lira, 900 billion lira, and 20 billion lira.

MINIMUM INTEREST RATE 45 PERCENT

In the 100 billion lira TL deposit purchase auction maturing on February 21, the bid amount was 50 billion 450 million lira, and the realized amount was 21 billion 950 million lira. In the auction, the minimum interest rate was 45 percent, the maximum interest rate was 45.99 percent, and the average interest rate was 45.3 percent.

645 BILLION BID AMOUNT

In the 900 billion lira TL deposit purchase auction maturing on January 27, the bid amount was 645 billion 924 million lira, and the realized amount was 644 billion 614 million lira. In the auction, the minimum interest rate was 44.5 percent, the maximum interest rate was 45 percent, and the average interest rate was 44.99 percent.

REALIZED AMOUNT 16 BILLION LIRA

In the 20 billion lira TL deposit purchase auction maturing on January 31, the bid amount and the realized amount were both 16 billion lira. In the auction, the minimum interest rate, maximum interest rate, and average interest rate were all announced as 45 percent.

A FIRST IN 20 YEARS

The bank last opened a 1-month maturity TL deposit purchase auction on September 29, 2004.



```

In order to provide you with a better service, we position cookies on our site. Your personal data is collected and processed within the scope of KVKK and GDPR. For detailed information, you can review our Data Policy / Disclosure Text. By using our site, you agree to our use of cookies.', '