Move by the Central Bank of the Republic of Turkey Regarding TRY Liquidity Management
New steps have been taken to improve liquidity conditions within the framework of developments in financial markets.
The Central Bank of the Republic of Turkey announced that new regulations have been made in Turkish lira liquidity management in line with developments in financial markets.
New Era in Liquidity Management
Taking into account recent developments in financial markets, the Central Bank of the Republic of Turkey reviewed liquidity facilities and decided to take new steps.
Repo Auctions and Funding Amount
According to the statement, the funding amount to be provided through weekly repo auctions will be increased, taking current liquidity conditions into consideration.
Updating Borrowing Limits
Borrowing limits for banks in the Interbank Money Market within the CBRT will be updated again, taking into account the current balance sheet sizes of the banking system.
Regulation on Collateral Discount Rates
Collateral discount rates applicable in the markets within the Central Bank will be thoroughly reviewed and reduced downwards.
Emphasis on Additional Measures
In the official statement made by the CBRT, it was stated that liquidity conditions will be closely monitored and all kinds of additional measures will be taken if deemed necessary.