Treasury to sell gold-backed bonds and lease certificates

Turkey’s Treasury and Finance Ministry is preparing to launch direct sales of a gold-backed bond and a gold-based lease certificate next week, offering investors additional savings instruments.

Gold bond details

According to the domestic borrowing issuance calendar published by the ministry, a one-year (364-day) gold-backed bond with semiannual coupon payments will be offered for direct sale on Monday, January 26.

Gold-based lease certificate option

On the same day, investors will also be offered a gold-based lease certificate with a one-year maturity, providing rental payments every six months through a direct sale method.

Key part of domestic borrowing strategy

Both issuances are scheduled to be completed on the same day and are expected to play a significant role in the Treasury’s domestic borrowing strategy.