Category: Information Notes

The Communique on Determination of Interest Rates to be applied for Rediscount and Advance Transactions was published in the Official Gazette dated 01.04.2024. According to this communique; The discount interest rate to be applied for rediscount transactions to be made against deeds with 3 months to maturity date maximum is 50.75 percent per annum. The interest rate to be applied for advance transactions is 51.75 percent per annum. These rates…