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Interest rates on government bonds are decided by the Monetary Policy Committee of the Central Bank of the Republic of Turkey (TCMB). From June 1st, 2018, the one-week repo rate started to serve as the primary interest rate, with the overnight borrowing and lending rates set at a level 150 basis points below or above the one-week repo rate. The central bank optimized its monetary policy framework on May 28th, 2018, moving away from a different system that had four main key rates, with the late liquidity window loan rate being one of the most closely observed of the four important rates.

Category:  Interest Rate
Units:  Percent
Impact: Medium
Latest Release
Previous: 35%
Consensus: 37.5%
Actual: 40%
Next Release
Date: Dec 21, 11:00
Time left: 20 days
Consensus: 40%