Press Release on Reserve Requirements – 29/08/2015, (2015-53)
No:2015-53
29 August 2015
Press Release on Reserve Requirements
In line with “Road Map During the Normalization of Global Monetary Policies” announced on 18 August 2015, required reserve ratios for Foreign Exchange (FX) noncore liabilities have been revised as follows to incentivize maturities of longer than three years.
| FX Liabilities other than deposits/participation funds | Current Ratios for Stock Liabilities (%) | New Ratios for Flow Liabilities (%) |
| Up to (and including) 1-year maturity | 20 | 25 |
| Up to (and including) 2-year maturity | 14 | 20 |
| Up to (and including) 3-year maturity | 8 | 15 |
| Up to (and including) 5-year maturity | 7 | 7 |
| Longer than 5-year maturity | 6 | 5 |
New reserve requirement ratios will be applied to the liabilities after 28 August 2015, as of the maintenance period dated 23 October 2015. The current ratios will continue to be applied to stock of liabilities on 28 August 2015 until the end of their original maturities.
Contact:
For further information, please contact Press Secretary Yücel Yazar
Tel No: +90 (312) 507 56 56