Brokerage for Bond Trading
We carry out the bond transactions of customers seeking to earn a secure and fixed return by utilising their investments in the medium and long term.
Government Domestic Debt Securities (Government Bond)
We effectively carry out the sale and purchase transactions of treasury bills and government bonds issued in TL or foreign currency of all our individual or corporate customers.
We provide the opportunity to participate in the auctions organized by the Undersecretariat of Treasury.
Treasury Bills with maturities of less than 1 year and Government Bonds with a maturity of more than 1 year are government domestic debt securities, which are issued in Turkish Lira or foreign currency in the country by the Treasury of the Republic of Türkiye. The nominal value written on the securities is taken as a basis for payment and whose return is already known at the outset, except for bonds carrying a variable coupon. The bonds can be converted into cash entirely or partially before their maturity depending on market conditions. They are government guaranteed products, which do not bear the risk of loss of capital and interest if carried until the maturity date. Generally, they have high liquidity in the secondary markets. They are investment instruments for customers seeking to earn a secure return by utilising their investments in the medium and long term.
Detailed information on the taxation of securities is provided here.
Private Sector Bonds
TSKB offers private sector issued financing bills and bonds to our customers with a selective approach. We provide customers with the opportunity to benefit from the relatively high return offered by these securities in comparison with treasury bills and government bonds.
Private Sector Bonds are discounted debt securities or coupon carrying debt securities issued domestically by banks or other joint stock companies. The investor bears the risk of the issuer of the bond, but obtains a higher return opportunity when compared to Government Domestic Debt Securities.
Detailed information on the taxation of securities is provided here.
Eurobonds
Eurobonds offer our customers seeking to invest their savings in foreign currency the opportunity to gain a high rate of return in a low interest environment.
Eurobonds are long-term coupon-carrying debt securities issued by governments and companies located abroad with foreign currency payments. They are suitable for investors seeking to undertake long-term investments in foreign currency. These securities, which usually have maturities ranging between 5 and 30 years and which carry fixed coupon payments, are issued in US Dollar and Euro denominations. However, they may also be issued in different currencies such as the Japanese Yen or Swiss Franc. Eurobonds issued by the Treasury of the Republic of Türkiye are under government guarantee and have higher liquidity.
Eurobonds offer a fixed income guarantee if they are held until maturity. They bear the capital risk where they are sold before maturity due to price movements in the market. However, there is no capital risk if they are held until maturity.
Detailed information on the taxation of securities is provided here.
