Steps for TRY Liquidity Management from the Central Bank of the Republic of Turkey
The CBRT announced that it has taken new measures regarding Turkish lira liquidity management, taking recent developments in financial markets into consideration.
Taking recent developments in financial markets into consideration, the Central Bank of the Republic of Turkey has decided to increase the funding amount through weekly repo auctions and make adjustments to collateral discount rates regarding Turkish lira liquidity management.
Liquidity Management Decisions
The Central Bank of the Republic of Turkey announced that it has decided to take a series of measures regarding Turkish lira liquidity management, taking recent developments in financial markets into consideration.
The Bank announced that it has increased the funding amount provided through weekly repo auctions while also making adjustments to collateral discount rates.
Funding and Limit Updates
Taking market conditions into account, the amount of funding to be provided to the market via weekly repo auctions will be increased.
The borrowing limits of banks in the Interbank Money Market will be updated by considering the current balance sheet sizes of the system.
Emphasis on Collateral and Stability
Collateral discount rates applied in markets within the CBRT will be reviewed and lowered in line with the needs of the market.
Emphasizing its determination to protect financial stability, it was highlighted that all kinds of additional measures will be taken if deemed necessary.