The Treasury and the Central Bank of Turkey will collaborate to strengthen the functioning of the bond market.

The Ministry of Treasury and Finance, along with the Central Bank of the Republic of Turkey (CBRT), has initiated a joint effort to ensure a more efficient and healthy market operation. This step aims to strengthen market dynamics, specifically targeting liquidity issues within the bond market.

Sources contacted by ForInvest News indicate that the economic management is undertaking new initiatives to enhance the functioning of the bond market. Institutions are taking measures to boost decreasing liquidity in the Turkish lira bond market, particularly in the past week. In this context, various regulations and strategic moves have been put on the agenda. The CBRT's recent direct purchase auction of TLREF-indexed bonds is seen as part of efforts to increase market liquidity, with a total sale of 3.72 billion TL across three bonds attracting significant interest from market players.