Eigen RadarEconomics
Analysis

CBRT adds lira cash; the market report sizes repo at 300 billion lira

The CBRT said it would raise one-week repo funding when needed, revise interbank borrowing limits, and cut collateral haircuts. It did not publish amounts. CNBC-e, updating at 11.13 on 17 September, puts this week's auctions at 300 billion lira of repo and 7 billion lira of bonds and calls the interbank limit change a tenfold increase. Those sizes rest on the market report, not on release 2026-41.

Economics & Markets··Evening
Two closed armored cash-in-transit vans and guards facing a central-bank facade with a Turkish flag.

Three tools, no official amounts

The CBRT English release 2026-41, also naming TCMB as the issuing bank, lists three tools: raising one-week repo funding when needed, revising banks' borrowing limits at the CBRT Interbank Money Market in line with existing balance-sheet aggregates, and reducing collateral haircuts. It said it would monitor liquidity and take any additional measure when needed. CNBC-e says the steps were meant to support lira liquidity and prevent possible deterioration in assets. The official text does not state amounts, tenors or haircut percentages.[1], [2]

300 billion lira is the market figure

CNBC-e, published at 10.31 on 17 September and updated at 11.13, puts the auctions at 300 billion lira of repo and 7 billion lira of bonds. It calls the interbank borrowing-limit change a tenfold increase. The CBRT release 2026-41 does not contain those auction sizes; the figures rest on this market report. Readers who only have the official English bulletin therefore cannot confirm the 300 billion lira or 7 billion lira prints from TCMB itself.[2], [1]

Extra steps remain conditional

The CBRT said it would take any additional measure when needed. CNBC-e frames the same package as support for lira liquidity. Neither text names a later scheduled operation or a haircut percentage. The monitor-and-act line in release 2026-41 is the only official follow-up CBRT gave in that bulletin.[1], [2]

References

  1. News sourceTCMBCBRT reviews lira liquidity: more repo funding, revised limits, smaller haircuts↩1↩2↩3
  2. News sourceCNBC-eCBRT opens 300 billion lira of repo and 7 billion lira of bond auctions↩1↩2↩3