The Communique on Determination of Interest Rates to be Applied in Rediscount and Advance Transactions was published in the Official Gazette dated 08/03/2025.
With this Communique it is decided that;
– The “discount interest” rate to be applied by the Central Bank of the Republic of Turkey to rediscount transactions to be made against bills with a maximum of 3 months to maturity will be applied as 43.25% per year.
– The “advance interest” rate of the same will be applied as 44.25% per year.
These rates entered into force as of 08/03/2025.