Capital/Financing Update • May 4, 2023
Capital/Financing Update
Open in ViewerOpens in native device viewer
| Summary Info | CMB Approval of the Mortgage Covered Bond Programme Ceiling |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 27.03.2023 |
| Issue Limit | 1.000.000.000 |
| Currency Unit | EUR |
| Issue Limit Security Type | MBS-MCB |
| Sale Type | Oversea |
| Domestic / Oversea | Oversea |
| Capital Market Board Application Date | 30.03.2023 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 27.04.2023 |
| Expiry Date of Issue Limit | 27.04.2024 |
Additional Explanations
Reference: VakıfBank Public Disclosure Dated March 30, 2023 It was announced with the referred disclosure that, the applications to the CMB and BRSA had been completed for the covered bond issuance up to EUR 1 billion equivalent in any currencies. In this context, the announcement was made in Capital Market Board dated 27.04.2023 and numbered 2023/25, regarding issuance ceiling of the covered bond issuance up to EUR 1 billion equivalent in any currencies was approved by the issuer of the issuance tender. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.