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It has been decided by the Board of Directors that the General Directorate would be authorized to issue structured borrowing instruments up to TL 10 Billion, based on indices such as bonds, stock exchange, SOFR but not limited to them, via sales to qualified investors, without public offering, in single or more issuances, in Turkish Liras, and with different types and terms, within the country; and to take one or more of the treasury bills and/or government bonds consistent with the structured borrowing instruments or different reference rates and/or indexes accepted in markets (CPI etc.) including TLREF as reference, to add additional return if required, to determine the ratio of the additional return to be added, to determine all terms and conditions related to the structured borrowing instruments and, in this sense, to make all required applications to Banking Regulation and Supervision Agency, Capital Markets Board and other regulatory authorities. In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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