Summary Info
Applications to CMB, BRSA and Borsa Istanbul to Issue Borrowing Instruments Domestically
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
22.03.2019
Issue Limit
20.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Debt Securities
Sale Type
Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Application Date
03.04.2019
Additional Explanations
Reference: Public disclosure dated 28.03.2019 With the public disclosure referenced above, it was announced that Board of Directors of our Bank had decided to authorise the General Directorate to issue bills and/or bonds in Turkish Liras in Turkey, with varying maturities, up to 20 Billion Turkish Liras, through one or multiple issuances; to determine the maturity of the bills and/or bonds with no more than 5 years; to realize the sales via private placement or by selling to qualified investors; to issue with discount and/or coupon depending on the market conditions and to issue coupon bonds with fixed or floating interest rate; to take as reference one or more treasury bills and/or government bonds which are matching with the bills and/or bonds to be issued; to add extra premium, if necessary; to determine the rate of extra premium to be added; to designate all terms and conditions regarding the issues, including the interest rates; and to make all required applications to the Banking Regulation and Supervision Agency, to the Capital Markets Board and other authorities. In this context; our Bank has made necessary applications to Capital Markets Board, Banking Regulation and Supervision Agency and Borsa İstanbul A.Ş. for the issuance of the debt instruments to be sold domestically by our Bank in different maturities, through private placements. In case of contradiction between the Turkish and English versions of this publ ic disclosure, the Turkish version shall prevail.