{"id":40189,"date":"2015-06-28T16:17:00","date_gmt":"2015-06-28T13:17:00","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=40189"},"modified":"2015-06-28T16:17:00","modified_gmt":"2015-06-28T13:17:00","slug":"mahfi-egilmez-tcmb-agirlikli-ortalama-fonlama-maliyeti","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/mahfi-egilmez-tcmb-agirlikli-ortalama-fonlama-maliyeti\/","title":{"rendered":"Mahfi E\u011filmez &#8211; TCMB A\u011f\u0131rl\u0131kl\u0131 Ortalama Fonlama Maliyeti"},"content":{"rendered":"<p><strong><em>Merkez Bankas\u0131\u2019n\u0131n piyasada olu\u015fan faizlere y\u00f6n vermek ve bu yolla enflasyonu denetlemek i\u00e7in kulland\u0131\u011f\u0131 as\u0131l ara\u00e7 a\u011f\u0131rl\u0131kl\u0131 ortalama fonlama maliyeti olarak kar\u015f\u0131m\u0131za \u00e7\u0131k\u0131yor. <\/em><\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1095271737\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>A\u011f\u0131rl\u0131kl\u0131 Ortalama Fonlama Maliyeti: Merkez Bankas\u0131n\u0131n, gecelik bor\u00e7 verme faizi ile haftal\u0131k repo faizinin (politika faizi) a\u011f\u0131rl\u0131kl\u0131 ortalamas\u0131 al\u0131narak hesaplan\u0131yor. A\u011f\u0131rl\u0131kl\u0131 ortalama fonlama maliyetinde ayl\u0131k repo faizi de hesaplamaya kat\u0131l\u0131yordu ancak Merkez Bankas\u0131 ayl\u0131k repo i\u015flemlerine 2013 y\u0131l\u0131nda son verdi. A\u011f\u0131rl\u0131kl\u0131 ortalama fonlama maliyeti tan\u0131m\u0131nda yer alan faizlere bir bakal\u0131m.<\/p>\n<p>Gecelik i\u015flemlerde uygulanan faiz: TCMB\u2019nin, gecelik olarak bor\u00e7 almak ya da gecelik olarak bor\u00e7 vermek isteyen bankalara uygulad\u0131\u011f\u0131 faize bu ad veriliyor. Merkez Bankas\u0131n\u0131n ilan etti\u011fi bor\u00e7 alma faiz oran\u0131 \u2018taban\u2019 olarak, bor\u00e7 verme faiz oran\u0131 ise \u2018tavan\u2019 olarak ifade ediliyor. Bu ikisi aras\u0131nda olu\u015fan aral\u0131\u011fa da \u2018faiz koridoru\u2019 deniyor. Gecelik faiz oranlar\u0131 s\u00f6z konusu tavan ve taban oranlar aras\u0131nda yani faiz koridoru i\u00e7inde ger\u00e7ekle\u015fiyor. G\u00fcn i\u00e7inde likidite s\u0131k\u0131\u015f\u0131kl\u0131\u011f\u0131 ya\u015fanmas\u0131 halinde, bankalar limitleri ile s\u0131n\u0131rl\u0131 olmak \u00fczere teminatlar\u0131 kar\u015f\u0131l\u0131\u011f\u0131nda Bankalararas\u0131 Para Piyasas\u0131nda TCMB bor\u00e7 verme faiz oran\u0131ndan bor\u00e7lanabiliyor, likidite fazlal\u0131\u011f\u0131 olu\u015fmas\u0131 halinde ise limitsiz olarak TCMB bor\u00e7lanma faiz oran\u0131ndan Merkez Bankas\u0131na TL bor\u00e7 verebiliyorlar.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.mahfiegilmez.com\/2015\/06\/tcmb-agrlkl-ortalama-fonlama-maliyeti.html\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ<\/a>. (Mahfiegilmez.Com)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merkez Bankas\u0131\u2019n\u0131n piyasada olu\u015fan faizlere y\u00f6n vermek ve bu yolla enflasyonu denetlemek i\u00e7in kulland\u0131\u011f\u0131 as\u0131l ara\u00e7 a\u011f\u0131rl\u0131kl\u0131 ortalama fonlama maliyeti olarak kar\u015f\u0131m\u0131za \u00e7\u0131k\u0131yor. A\u011f\u0131rl\u0131kl\u0131 Ortalama&hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[808,801,847],"class_list":["post-40189","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-mahfi-egilmez-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/40189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=40189"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/40189\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=40189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=40189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=40189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}