Takasbank offers Central Counterparty Services for Over the Counter Derivative Markets

Takasbank has started to offer clearing, risk and collateral management services for Turkish Lira OIS (Overnight Index Swap) contracts on 19.12.2019. OIS contracts will be based on TLREF interest rate, allowing Turkish banks to manage their mid and long term Turkish Lira interest rate exposures without using their foreign exchange liquidity.

With this service domestic banks will be able to trade TL OIS contracts with each other.

Respectfully Announced to the Public