ADVERTISEMENT

Business

Today is the last day, great victory at GES! Ziraat Bank Vakıf Bank and Halk Bank will pay at least 1000 lire

ADVERTISEMENT

They start making big gains. It will be implemented through Halk Bank Ziraat Bank and Vakiflar Bank. The minimum amount is set at 1000 TL. Implementation of the diversification of investment instruments begins with the aim of maintaining a broad investment base and encouraging investor orientation towards Turkish Lira assets.
The period relating to the issuance of bills of exchange as income from the Ministry of the Treasury and Finance ends today. Requests are collected through 3 public banks. Investors will be able to apply for a minimum amount of 1000 TL. As Income Indexed, bond yields are indexed to the portions of revenues transferred to the financial statements by the State Airport Authority and the Coastal Safety Directorate General.

The periodic rate of return was determined as 5.32% and the compound annual rate of return as 23.04%. The bill will only be issued to real individuals. In this direction, payments of the book capital and coupons will be made through the branches of Ziraat Bank Vakıflar Bank and Halk Bank. The yields on the notes will be transferred to investor accounts on Friday 24th June. The first coupon payments will take place on 23 September.

Accounting on income index bonds

The collection and demand for income in index-linked securities ends as of today. Investors ask for at least 1000 lire. The issues will be made in the form of 1 lira cards. Returns on income-indexed securities will be indexed to the income portion of state-owned enterprises.

It will be realized on the amount of revenue transferred to the budget by the State Airport Operations and the Directorate General for Coastal Safety. The bills will be transferred to investor accounts on June 24th. Periodically, on this basis, it will provide a return of 5.32% to its investor. The compound annual rate of return on the income index securities is claimed to be 23.04%. For bills presented to the investor with a maturity of 6 months, the payment of 1 coupon will be made for 3 months.
The bill will only be issued to real people. Claims collection operations and coupon and principal payments will be made through the branches of Halkbank Ziraat Bankası and Vakıflar Bankası. The yields on the notes will be paid into investor accounts on Friday 24 June. The minimum amount required for bills of exchange will be 1,000 lire and will be issued in multiples of 1 lire. The periodic rate of return determined by the Treasury will be 5.32% and the annual compound will be 23.04%.

In the Ministry’s statement, diversity of investment instruments will be encouraged to broaden the investor base and to encourage investors to turn to Turkish lira assets. It has been stated that the purpose of this incentive will be to issue domestic income-indexed debt securities and, in this case, demand collection operations will be carried out for the export of income-indexed securities from 15-22 June 2022 in all of Turkey. In the detail of the report, the issue of enet only to individuals and the accounting, coupon and capital operations will be carried out by the banks. It will be done through the branches of Vakıflar Bank, Halk Bank and Ziraat Bank. It is said that the minimum amount required for bills of exchange will be 1000 lire and that they will be issued in multiples of 1000 lire.

Deposits on accounts on June 24th

Payments will be made to investor accounts on Friday 24 June, in the week following the yields on the notes and the bookbuilding period. The yields on the Indexed Income Bonds will fall within the scope of state economic enterprises. It will be indexed to the revenue shares transferred to the balance sheet by state airport operators and by the General Directorate of Coastal Security. Coupon payments will be calculated by the revaluation method with the index value calculated after the realization of the refund amount and the rate of return determined by the treasury.

ADVERTISEMENT

Leave a Comment