Summary Info
Issuance of Bills
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Other
Board Decision Date
23.08.2023
Related Issue Limit Info
Currency Unit
TRY
Limit
50.000.000.000
Issue Limit Security Type
Debt Securities
Sale Type
Public Offering-Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Approval Date
21.12.2023
Capital Market Instrument To Be Issued Info
Type
Bill
Maturity Date
15.04.2024
Maturity (Day)
95
Sale Type
Public Offering
The country where the issue takes place
Türkiye
Title Of Intermediary Brokerage House
İŞ YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository
Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale
08.01.2024
Ending Date of Sale
10.01.2024
Maturity Starting Date
11.01.2024
Traded in the Stock Exchange
Yes
Payment Type
TL Payment
Coupon Number
0
Currency Unit
TRY
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings
A+(tur)/Ulusal Uzun Vadeli Notu
22.09.2023
Yes
Does the capital market instrument have a rating note?
No
Does the originator have a rating note?
No
Additional Explanations
Reference: Public disclosure of Türkiye İş Bankası A.Ş. (İşbank) on 23.08.2023. Within the framework of the Resolution of the Board of Directors of İşbank dated 23.08.2023 on the issuance of borrowing instruments, the Head Office started operations to issue bills with a nominal value of TL 500 million with a term of 95 days via public offering, to determine the maturity, interest rate, principles of distribution and allocations related to this issuance, to complete the sales process and to put all the necessary procedures into effect, including the listing of the issuance on Borsa Istanbul. The amount might be increased to a nominal value of TL 750 million, in the event that the demand for the public offering of bills exceeds the total public offering amount. İşbank applied to the Capital Markets Board related to the aforementioned issuance. This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.