Press Release on the Framework of Turkish Lira Liquidity Management and Simplification Steps - 02/06/2016, (2016-22)

No: 2016-22

2 June 2016

PRESS RELEASE ON THE FRAMEWORK OF TURKISH LIRA LIQUIDITY MANAGEMENT AND SIMPLIFICATION STEPS

Within the context of the “Road Map During the Normalization of Global Monetary Policies”  published on 18 August 2015, with the aim of increasing the predictability of liquidity policy and making liquidity management of banks more efficient;

Balanced distribution of weekly term funding stock to the days of the week will be targeted when determining the daily auction amount of one week repo funding provided by the quantity auction method starting from 3 June 2016.

Contact:

For further information, please contact Press Secretary Yücel Yazar

Phone: +90 (312) 507 56 56