Deposit Interest Rate in Turkey remained unchanged at 35.50 percent in September. Deposit Interest Rate in Turkey averaged 37.44 percent from 1990 until 2026, reaching an all time high of 398.10 percent in April of 1994 and a record low of 1.50 percent in December of 2010. source: Central Bank of the Republic of Turkey

Deposit Interest Rate in Turkey is expected to be 35.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Overnight Borrowing Rate is projected to trend around 28.50 percent in 2027 and 23.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-11 11:00 AM Overnight Borrowing Rate Jun 35.5% 35.5% 35.5%
2026-07-23 11:00 AM Overnight Borrowing Rate Jul 35.5% 35.5% 35.5%
2026-09-10 11:00 AM Overnight Borrowing Rate Sep 35.5% 35.5% 35.5%
2026-10-22 11:00 AM Overnight Borrowing Rate Oct 35.5%
2026-12-10 11:00 AM Overnight Borrowing Rate Dec


Related Last Previous Unit Reference
Banks Balance Sheet 53706775418.00 52613120474.00 TRY Thousand Jul 2026
Cash Reserve Ratio 25.00 25.00 percent Aug 2026
Central Bank Balance Sheet 12832745905.00 12305435167.00 TRY Thousand Jul 2026
Overnight Borrowing Rate 35.50 35.50 percent Sep 2026
Foreign Exchange Reserves 70406.00 71109.00 USD Million Sep 2026
Interest Rate 37.00 37.00 percent Sep 2026
Overnight Lending Rate 40.00 40.00 percent Sep 2026
Loans to Non Financial Companies 14331579742.00 14013059171.00 TRY Thousand Jul 2026
Money Supply M1 11430580480.10 10962517768.30 TRY Thousand Aug 2026
Money Supply M2 28993509654.80 27975173649.90 TRY Thousand Aug 2026
Money Supply M3 32348145899.40 31023272127.80 TRY Thousand Aug 2026


Turkey Overnight Borrowing Rate
In Turkey, the Overnight Borrowing Rate refers to the rate under which banks lend or deposit money to the Central Bank.
Actual Previous Highest Lowest Dates Unit Frequency
35.50 35.50 398.10 1.50 1990 - 2026 percent Monthly