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Turkiye: Treasury issued gold bonds and gold-based lease certificates to investors

The Ministry of Treasury and Finance issued gold bonds and gold-based lease certificates to institutional investors.

According to the announcement published on the ministry’s website, gold bonds were issued against 16 thousand 975 kilograms of gold, with a value date of February 21, 2024, a redemption date of February 18, 2026, and a coupon payment of 1% every 6 months, by direct sales method.

In addition, a gold-based lease certificate was issued through direct sales method, with the same value and redemption date, 1% rent payment every 6 months, in exchange for 24 thousand 439 kilograms of gold.

Source: Patronlardunyasi / Prepared by Irem Yildiz

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