Export of liquidity certificates; To increase the effectiveness of monetary policy, this is a tool used to withdraw excess liquidity in the market. According to Article 52 of the Central Bank Law; It can export liquidity invoices not exceeding 91 days in their names and accounts.
The liquidity invoice is a securities as a material policy tool issued by CBRT to adjust the liquidity in the market and to increase the efficiency of open market transactions. They are expelled by CBRT in the form of a discount in the term not more than 91 days on their own names and accounts. The notes promise to be deleted as a single collective certificate with a valuable document and can be purchased and sold in the secondary market. Liquidity bonds, can be purchased and sold in the secondary market, can be educated early when considered by the central bank as necessary. Only when considered to be necessary to increase the effectiveness of open market transactions, liquidity bonds should not be considered an alternative investment tool.