The Decree Regarding the Interest Rates to be Applied to Rediscounts and Advance Payments of the Central Bank of the Republic of Turkiye was enacted on 12 June 2009. The Decree determines the discount interest rates to be applied to rediscounts and advance payments. Accordingly, the discount interest rate for rediscounts for the purpose of notes with a maximum three months remaining until the date of their maturity is 18%, whereas the discount interest rate for advance payments is 19%.

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New draft law on cheques