Capital/Financing Update • Dec 25, 2023
Capital/Financing Update
Open in ViewerOpens in native device viewer
| Summary Info | About CMB approval for domestic debt instruments and structured debt instruments issuance limit |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 23.08.2023 |
| Issue Limit | 53.000.000.000 |
| Currency Unit | TRY |
| Issue Limit Security Type | Debt Securities-Structured Debt Securities |
| Sale Type | Public Offering-Private Placement-Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Application Date | 27.10.2023 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 21.12.2023 |
| Expiry Date of Issue Limit | 21.12.2024 |
Additional Explanations
Reference: Public Disclosures of Türkiye İş Bankası A.Ş. (İşbank) on 23.08.2023 and 27.10.2023. Our application regarding to issuance of Turkish Lira denominated debt instruments and structured debt instruments in various types and maturities up to TRY 53.000.000.000 nominal value domestically, has been approved by Capital Markets Board of Turkey (CMBT) at the meeting dated 21.12.2023, numbered 80/1762 and published in the CMBT's weekly bulletin numbered 2023/80. TRY 50.000.000.000 of the approved issue limit constitutes debt instruments which can be sold by public offering, by private placement or to qualified investors, and TRY 3.000.000.000 of the issue limit constitutes structured debt instruments which can only be sold to qualified investors. This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.