Press Release on the Turkish Lira Liquidity Management – 27/07/2016, (2016-33)

No: 2016-33

27 July 2016

Press Release on the Turkish Lira Liquidity Management

With the aim of supporting efficient liquidity management of banks, the haircut/discount rates of Turkish lira and foreign currency denominated collaterals pledged against Turkish lira transactions have been changed by taking into account of their types and maturities.  With this adjustment, approximately 6 billion Turkish lira-worth of pledged collaterals are expected to be released.

New implementation will be effective as of 28 July 2016.

Contact:

For further information, please contact Press Secretary Yücel Yazar

Tel No: +90 (312) 507 56 56