Thursday 28, September 2017 by William Mullally

Turkey announces plans to issue gold bonds and Sukuk

In a statement the Turkish Undersecretariat of Treasury announced plans to issue gold bonds and gold-based ‘rental certificates’ (Sukuk) through designated branches of state-owned Ziraat Bank from 2 October 2017. The move is aimed at diversifying financing instruments and expanding the country’s investor base.

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