By No: 2013 - 02 | 22 January 2013 |
press release ON OPEN MARKET OPERATIONS
Based on the projected Turkish lira liquidity needs, the Monetary Policy Committee (MPC) decided, at its meeting of 22 January 2013, to set the amount of daily funding via one-week quantity auctions between 0.2and 6.5billion Turkish liras until the next MPC meeting to be held on 19 February 2013.
As for one-month repo auctions, the upper limit for each auction to be held during the 23 January 2013 - 19 February 2013 period has been set as 3billion Turkish liras.
In case of unexpected significant changes in liquidity conditions, the CBRT may opt to provide funds outside the pre-announced limits.
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