Central Bank (CBRT) It opened the first of the intraday additional TL warehouse purchase tenders, which is the new sterilization step it announced yesterday.
According to the data published on the LSEG CBTU page, a one-week term tender of 30 billion TL was opened at 11:00. The other tender opened by the TCMB was the additional TL deposit purchase tender of 120 billion TL with a term of Monday at 13:45.
CBRT In a letter sent to banks yesterdayannounced that it was decided that “in addition to the TL warehouse purchase tenders held between 11.00-11.30 for the purpose of diversifying and using sterilization tools effectively, additional TL warehouse purchase tenders can be opened during the day when deemed necessary.”
The CBRT's new step came after overnight interest rates approached the lower band of the corridor. Excess liquidity As of yesterday, it was around 390 billion TL. The overnight interest rate increased from 47.02 percent, which it decreased this week, to 48.28 percent yesterday.