TBMM's Summer Break Until October 1: Market Implications and Expectations

Turkey's Grand National Assembly (TBMM) General Assembly decided to take a break until October 1, 2026, in its 125th session held on August 10, 2026. The decision was published in the Official Gazette and came into effect.

Market Expectations and Decision Impact Turkish markets are closely watching the potential economic effects of the TBMM's break decision. This period could lead to significant movements in the stock market, exchanges, and foreign exchange rates.

Break Duration and Effects The break, spanning from August 10 to October 1, may cause short-term volatility in the markets. Particularly, the credit market and bond transactions could slow down during this period.

Expert Analysis > Markets should adopt a cautious approach in the short term. The decisions made by TBMM during this break, particularly in areas such as budget and tax reforms, could have significant impacts on the economy. Therefore, investors should adopt a long-term perspective.