{"id":37038,"date":"2023-12-28T11:55:50","date_gmt":"2023-12-28T08:55:50","guid":{"rendered":"https:\/\/www.epias.com.tr\/?p=37038"},"modified":"2026-03-03T14:03:47","modified_gmt":"2026-03-03T11:03:47","slug":"about-january-1-2023-new-year-holiday-collateral-calculation","status":"publish","type":"post","link":"https:\/\/www.epias.com.tr\/en\/announcements\/market\/electricity\/about-january-1-2023-new-year-holiday-collateral-calculation\/","title":{"rendered":"About  January 1, 2023 New Year Holiday Collateral Calculation"},"content":{"rendered":"<p>The \u201ck\u201d value is used in the Day Ahead \u2013 Intraday Market collateral (DAM-IM) calculations and it represents the last \u201ck\u201d days in which the commercial transactions in these two markets are different than zero in last 30 days. Within the scope of Collateral Calculation Procedure, for public holidays longer than two days, the \u201ck\u201d number is 1 (one) more than the number of days on the holiday.<\/p>\n<p>In cases where the \u201ck\u201d value is greater than three, for the total collateral calculation the following rules are applied:<\/p>\n<p>75% of the amount calculated over the \u201ck\u201d number is used on workdays before the holiday<\/p>\n<p>100% of the amount calculated over the \u201ck\u201d number is used on workdays following the holiday.<\/p>\n<p>1 January New Year Holiday, fort he DAM-IM collateral calculation to be made on 28 December, 29 December and 2 January the number of \u201ck\u201d days is 4 (four).<\/p>\n<table style=\"border: 1px solid #000000; margin-top: 10px; margin-bottom: 10px; width: 100%;\">\n<thead>\n<tr style=\"background: #92d050;\">\n<th style=\"border: 1px solid #000000; font-weight: bold; text-align: center; padding: 5px; width: 25%;\">Collateral Notification Date<\/th>\n<th style=\"border: 1px solid #000000; font-weight: bold; text-align: center; padding: 5px; width: 75%;\">Detail<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000000; text-align: center; padding: 5px; font-weight: bold;\">28 December 2023<\/td>\n<td style=\"border: 1px solid #000000; text-align: left; padding: 5px;\">The value of \u201ck\u201d day is equal to <span style=\"color: #ed7d31; font-weight: bold;\">4 (four)<\/span>. 75% of the amount calculated over this number is going to be used in the total collateral calculation. The calculated collateral amount is going to be valid for the collateral controls on the same day (28th of December) at 5:00 pm and on the following business day (29th December) at 11:00 am.<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; text-align: center; padding: 5px; font-weight: bold;\">29 December 2023<\/td>\n<td style=\"border: 1px solid #000000; text-align: left; padding: 5px;\">The value of \u201ck\u201d day is equal to <span style=\"color: #ed7d31; font-weight: bold;\">4 (four)<\/span>. 75% of the amount calculated over this number is going to be used in the total collateral calculation. The calculated collateral amount is going to be valid for the collateral controls on the same day (29th of December) 5:00 pm and on the following business day (2th of January) at 11:00 am.<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; text-align: center; padding: 5px; font-weight: bold;\">2 January 2024<\/td>\n<td style=\"border: 1px solid #000000; text-align: left; padding: 5px;\">The value of \u201ck\u201d day is equal to <span style=\"color: #ed7d31; font-weight: bold;\">4 (four)<\/span>. 100% of the amount calculated over this number is going to be used in the total collateral calculation. The calculated collateral amount is going to be valid for the collateral controls on the same day (2th of January) 5:00 pm and on the following business day (3th of January) 11:00 am.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The \u201ck\u201d value is used in the Day Ahead \u2013 Intraday Market collateral (DAM-IM) calculations and it represents the last \u201ck\u201d days in which the commercial transactions in these two markets are different than zero in last 30 days. Within the scope of Collateral Calculation Procedure, for public holidays longer than two days, the \u201ck\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[84,79,81],"tags":[],"class_list":["post-37038","post","type-post","status-publish","format-standard","hentry","category-collateral","category-electricity","category-market"],"_links":{"self":[{"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/posts\/37038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/comments?post=37038"}],"version-history":[{"count":1,"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/posts\/37038\/revisions"}],"predecessor-version":[{"id":44729,"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/posts\/37038\/revisions\/44729"}],"wp:attachment":[{"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/media?parent=37038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/categories?post=37038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.epias.com.tr\/en\/wp-json\/wp\/v2\/tags?post=37038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}