ANKARA- Turkey will issue gold-backed bonds and sukuk starting from October 2, the treasury said in a statement on Wednesday, to attract into the economy gold savings held by households.
The maturity of the bond and sukuk will be 728 days, with a 6-month interest of 1.20 percent, index-linked to gold prices, the treasury said in a statement.
(Reporting by Nevzat Devranoglu; Writing by Ece Toksabay; Editing by Daren Butler) ((ece.toksabay@tr.com; +90 312 2927022; Reuters Messaging: ece.toksabay.reuters.com@reuters.net))
The maturity of the bond and sukuk will be 728 days, with a 6-month interest of 1.20 percent, index-linked to gold prices, the treasury said in a statement.
(Reporting by Nevzat Devranoglu; Writing by Ece Toksabay; Editing by Daren Butler) ((ece.toksabay@tr.com; +90 312 2927022; Reuters Messaging: ece.toksabay.reuters.com@reuters.net))
