You can purchase TL and FX denominated Treasury Bills and Government Bonds issued by Turkish Government through our branches and internet banking.
Treasury Bills and Government Bonds are debt instruments issued by the Ministry of Treasury and Finance of the Republic of Türkiye. (Government Domestic Borrowing Securities – GDBS).
Treasury bills have a maturity have a maturity of less than a one year, while Government Bonds have a maturity of one year or longer. These instruments may be issued at a discount (zero-coupon) or with coupon payments.
They are fixed-income investment instruments that provide repayment of principal and interest at maturity if held until maturity. They may also be traded prior to maturity in line with market conditions.
Trading Treasury Bills and Government Bonds requires an investment account opened at our Bank in the relevant currency. Transactions can be conducted through our branches, 444 0 444 Telephone Banking, and Internet Banking on days when the Debt Securities Market is open. Transactions executed between 09:00 and 14:00 are settled on the same day; transactions after 14:00 are settled on the next business day.
Corporate Bonds and Commercial Paper are debt securities issued by banks or joint-stock companies to meet their financing needs.
Instruments with a maturity of more than one year are classified as Corporate Bonds, while those with a maturity of less than one year are classified as Commercial Paper. They may be issued at a discount (zero-coupon) or with coupon payments.
As these instruments are issued by banks or joint-stock companies, they do not carry a government guarantee and are subject to the credit profile of the issuer.
Corporate Bonds and Commercial Paper may be issued through public offerings and traded in the secondary market through intermediary institutions. Transaction prices are published daily on the BIST Outright Purchase and Sale Market.
Eurobonds are long term debt instruments with maturities typically ranging from 5 to 30 years, issued abroad by governments and corporations to provide financing, generally denominated in USD and EUR. Since they are long term investment vehicles, they are coupon paying instruments.
Eurobonds are suitable products for investors who wish to utilize their savings in foreign currency and prefer long term investments. Eurobonds make coupon payments either once or twice a year.
To perform Eurobond trading transactions, you need a current account at our bank in that currency.
Repo is the transaction of selling a fixed-income security specifically a treasury bill or a government bond with a commitment to repurchase it a predetermined date. Repo is a fixed-income investment instrument and holding a current TL account at our bank is sufficient to perform repo transactions.
Repo transactions can be executed with maturities starting from one day. On days when BIST Debt Securities Market is open, repo transactions can be performed through our branches, 444 0 444 Telephone Banking, and Internet Banking.
