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Bidding of 10.3 Billion Liras for TCMB’s TL Deposit Purchase Auction

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The bid amount for the Turkish Republic Central Bank’s (TCMB) TL deposit purchase auction was 10.3 billion liras. TCMB announced a minimum interest rate of 49.99%, a maximum interest rate of 50%, and an average interest rate of 49.99% for the 20 billion liras TL deposit purchase auction opened today. A bid of 10.3 billion liras was received for the auction.

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