Central Securities Depository Sets Minimum and Maximum Default Interest Rates for 2025

Forex - Takasbank has determined the minimum and maximum default interest rates to be applied in 2025.

According to the statement from Takasbank, the minimum and maximum default interest rates that will be applied in case of delayed fulfillment of obligations in the systems of the Equity Market, Debt Instruments Market, BIST Money Market, Swap Market, Futures and Options Market, and Over-the-Counter Derivative Instruments Market have been set.

In the Debt Instruments Market / BIST Money Market / Swap Market, the upper limit hour currently applied on the value date from 17:01-17:30 has been changed to 17:01-18:45.

The limits specified in the table below will start to be applied as of January 1, 2025.