The CMB issuance certificate of mortgage covered bond issuance
The CMB issuance certificate of mortgage covered bond issuance
As announced on 18 December 2014, T. Garanti Bankası A.Ş. had applied to the Capital Markets Board (‘’CMB’’) with regard to mortgage covered bond issuance in one or more tranches, 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 1 billion in total or equivalent in any other currency including Turkish Lira, to be sold without public offering, inside or outside Turkey or to qualified investors or by private placement and it was announced in the weekly bulletin of the CMB numbered 2014/34 that the application for mortgage covered bond issuance has been approved by the CMB.
Accordingly, the issuance certificate approved by the CMB is enclosed herewith.