Regarding the Applications to the Capital Markets Board for the Mortgage Covered Bond Issuance
Regarding the Applications to the Capital Markets Board for the Mortgage Covered Bond Issuance
As per the resolution of the Bank's Board of Directors dated November 7th, 2017, the Head Office has been authorized to apply CMB and BRSA for the renewal of mortgage covered bonds issuance approval up to EUR 2 billion in total or equivalent in any other currency including Turkish Lira, to be sold without public offering, outside Turkey.
Accordingly, the application process to CMB in order to issue covered bond to be sold on 7th December 2018 to secure financing in the amount of TRY 150 million with 5 years maturity under Covered Bond Programme has been completed.