Authorization for the issuance of Mortgage-Secured Bonds
Authorization for the issuance of Mortgage-Secured Bonds
On its meeting held on March 31, 2022, the Board of Directors has authorized the Head Office to take the necessary actions with regard to mortgage covered bond (“MCB”) issuance transaction, in 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.
*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.