Regarding the New Rediscount Rate

In accordance with the Communiqué on Determination of Interest Rates to be applied in Rediscount and Advance Transactions of the Central Bank of the Republic of Turkey published in the Official Gazette No. 32835 dated March 8, 2025, the discount interest rate to be applied in rediscount transactions against bills with a maximum of three months to maturity has been redetermined as 43,25% per annum and the interest rate to be applied in advance transactions as 44,25% per annum.

These rates became effective as of March 8.