28 Eylül 2012 Cuma

Turkey : Daily Repo Update (28.09.2012)

The CBRT opened TRY 7.5bn 1-week repo auction versus TRY 4.5bn weekly redemption and TRY 2bn 1-month repo auction versus TRY 5bn monthly redemption. As a result, outstanding repo stock remained flat at TRY 27bn. The weighted average cost of funding is likely remain around 5.8%
 

Chart 1: Average funding rate of the CBRT

Chart 2: Money market rates (%)

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