Pursuant to the Communiqué of the Central Bank of the Republic of Türkiye (“Communiqué”) which has published with the Official Gazette dated 17 September 2025 and numbered 33020, the interest rate applied at 43.25% for rediscount transactions to be made against notes with a maturity of up to 3 months prior to the publication of the Communiqué, as stipulated in Article 45 of the Law No. 1211 on the Central Bank of the Republic of Turkey (“Law”), has been determined as 41.25% effective as of September 17, 2025.
In addition, in accordance with the same Communiqué, the interest rate applied as 44.25% for advance transactions against notes with a maturity of up to 3 months stipulated under the Article 45 of the Law before the publication of the Communiqué has been determined as 42.25%, effective from September 17, 2025.
As of September 17, 2025, it is advised that the current interest rates for advance and rediscount transactions to be used as a basis concerning the commercial debts.