The Central Bank has readjusted the discount interest rate to be applied in rediscount transactions for promissory notes. The Central Bank announced that the discount interest rate to be applied in rediscount transactions for notes with a maturity of at least 3 months is determined as 43.25% per annum, and the interest rate to be applied in advance transactions is set at 44.25% per annum. Previously, the discount interest rate in rediscount transactions was 48.25% per annum, and the advance transaction interest rate was 49.25% per annum. The new rates have come into force after being published in the Official Gazette.
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