Turkey’s Central Bank Raises Interbank Money Market Borrowing Limit Tenfold

The move matters less as a rate signal than as a plumbing decision: how much liquidity banks can source through the interbank facility shapes overnight funding conditions, and a tenfold increase in the ceiling suggests demand at the prior limit. The absence of an official reason leaves the market to infer whether this is routine operational tuning or a response to tighter bank funding. What is worth watching is whether usage of the facility rises toward the new ceiling and whether the central bank later explains the change.