TUNA, Abdulkadir İstanbul Üniversitesi - İktisat Fakültesi, Turkey , ÖNER, Selma İstanbul Üniversitesi - Sosyal Bilimler Meslek Yüksek Okulu, Turkey , ÖNER, Hakan Yapı Kredi Bankası Hazine Yönetimi, Turkey

OPTIMAL USE OF RESERVE OPTION MECHANISM AND ITS COST ANALYSIS FOR TURKISH BANKING SECTOR

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After the global crisis began in 2008, developed countries’ central banks injected liquidity to the financial markets intensely. This situation led the Central Bank of the Republic of Turkey to target financial stability besides price stability and to use new monetary policy tools. One of these tools is a new kind of financial engineering product named as Reserve Option Mechanism. In this study, the process of the Reserve Option Mechanism and cost advantages of its optimal use for Turkish banking sector are examined.

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Reserve Option Mechanism , Reserve Option Coefficient , Central Bank of the Republic of Turkey Monetary Policies

Journal Of Economics and Administrative Sciences, Ataturk University

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