Quarterly Financial Results Press Releases
Covered Bond
2022 International Covered Bond Program
It was announced with our Bank’s public disclosure dated 06/04/2022 that, on its meeting held on March 31, 2021, Board of Directors resolved to issue mortgage covered bond for one or more issuances, with different series and maturities, and having fixed and/or floating interest rates to be determined at the issuance times in accordance with market conditions, to the extent that the relevant legislation allows, up to EUR 750 million in total or equivalent in any other currency including Turkish Lira, to be sold without public offering outside Turkey. Application has been made to the Capital Markets Board on June 01, 2022 in line with the aforementioned resolution with regard to issue mortgage covered bond for one or more issuances, with different series and maturities, and having fixed and/or floating interest rates to be determined at the issuance times in accordance with market conditions, to the extent that the relevant legislation allows, up to EUR 300 million in total or equivalent in any other currency including Turkish Lira to be sold without public offering outside Turkey. It was announced in the weekly bulletin of the Capital Markets Board ("CMB") numbered 2022/40 that the above-mentioned application has been approved by the CMB.