Turkish central bank injects 10bn lira in repo at average simple rate of 11.25pc

ISTANBUL: The Turkish Central Bank said on Monday it injected 10 billion lira in a traditional method repo auction at an average simple rate of 11.25pc.

It said that total bids amounted to 73.7 billion lira in the repo, which will mature on Sept 16.

The bank previously held a traditional, or variable rate, method auction last week at an average rate of 10.96pc.