The Overnight Lending Rate is the interest rate at which the Central Bank of the Republic of Turkey (CBRT) provides liquidity to commercial banks for a duration of one night. It forms the upper bound of the CBRT's interest rate corridor. This rate is a primary tool for managing short-term liquidity and influencing overall monetary conditions in the Turkish economy.
The rate is determined by the Monetary Policy Committee (MPC) during its monthly meetings based on inflation targets and macroeconomic stability assessments.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jan 22, 2026 | 40.00 | 40.00 | 0.00 |
| Dec 11, 2025 | 41.00 | 41.50 | -0.50 |
| Oct 23, 2025 | 42.50 | 42.00 | +0.50 |
| Sep 11, 2025 | 43.50 | 44.00 | -0.50 |
| Jul 24, 2025 | 46.00 | 46.50 | -0.50 |
| Jun 19, 2025 | 49.00 | 47.50 | +1.50 |
| Apr 17, 2025 | 49.00 | 46.00 | +3.00 |
| Mar 6, 2025 | 44.00 | 44.00 | 0.00 |
| Jan 23, 2025 | 46.50 | 46.50 | 0.00 |
| Dec 26, 2024 | 49.00 | 51.50 | -2.50 |
| Nov 21, 2024 | 53.00 | 53.00 | 0.00 |
| Oct 17, 2024 | 53.00 | 53.00 | 0.00 |
| Sep 19, 2024 | 53.00 | 53.00 | 0.00 |
| Aug 20, 2024 | 53.00 | 53.00 | 0.00 |
| Jul 23, 2024 | 53.00 | 53.00 | 0.00 |
| Jun 27, 2024 | 53.00 | 53.00 | 0.00 |
| May 23, 2024 | 53.00 | 53.00 | 0.00 |
| Apr 25, 2024 | 53.00 | 51.50 | +1.50 |
| Mar 21, 2024 | 51.50 | 46.50 | +5.00 |
| Feb 22, 2024 | 46.50 | 46.50 | 0.00 |
| Jan 25, 2024 | 46.50 | 44.00 | +2.50 |
| Dec 21, 2023 | 44.00 | 44.00 | 0.00 |
| Nov 23, 2023 | 41.50 | 39.00 | +2.50 |
| Oct 26, 2023 | 36.50 | 36.50 | 0.00 |
| Sep 21, 2023 | 31.50 | 31.50 | 0.00 |
| Aug 24, 2023 | 26.50 | 21.50 | +5.00 |
| Jul 20, 2023 | 19.00 | 21.50 | -2.50 |
| Jun 22, 2023 | 16.50 | 21.50 | -5.00 |
| May 25, 2023 | 10.00 | 10.00 | 0.00 |
| Apr 27, 2023 | 10.00 | 10.00 | 0.00 |
| Mar 23, 2023 | 10.00 | 9.50 | +0.50 |
| Feb 23, 2023 | 10.00 | 10.50 | -0.50 |
| Jan 19, 2023 | 10.50 | 10.50 | 0.00 |
| Dec 22, 2022 | 10.50 | 10.50 | 0.00 |
| Nov 24, 2022 | 10.50 | 10.50 | 0.00 |
| Oct 20, 2022 | 12.00 | 12.50 | -0.50 |
| Sep 22, 2022 | 13.50 | 14.50 | -1.00 |
| Aug 18, 2022 | 14.50 | 15.50 | -1.00 |
| Jul 21, 2022 | 15.50 | 15.50 | 0.00 |
| Jun 23, 2022 | 15.50 | 15.50 | 0.00 |
| May 26, 2022 | 15.50 | 15.50 | 0.00 |
| Apr 14, 2022 | 15.50 | 15.50 | 0.00 |
| Mar 17, 2022 | 15.50 | 15.50 | 0.00 |
| Feb 17, 2022 | 15.50 | 15.50 | 0.00 |
| Jan 20, 2022 | 15.50 | 15.50 | 0.00 |
| Dec 16, 2021 | 15.50 | 15.50 | 0.00 |
| Nov 18, 2021 | 16.50 | 16.50 | 0.00 |
