“The Communique on Determination of Interest Rates to be Applied in Rediscount and Advance Transactions was published in the Official Gazette dated 01.12.2023.”
According to this Communique;
– The annual discount interest rate of 35.75 percent to be applied in rediscount transactions to be made against bills with a maximum of 3 months to maturity has been changed to 40.75 percent.
– The annual interest rate of 36.75 percent on advances has been changed to 41.75 percent.
These rates entered into force as of the publication date of this Communique.”