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Official Gazette announced: Commodity certificates can be presented to Takasbank as collateral

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The amendments made by the CMB to the Takasbank Central Counterparty Regulation entered into force after being published in the Official Gazette today.

Deposit commodity certificates issued by the General Directorate of Mint and Stamp Printing House of the Ministry of Treasury and Finance have been added to the collateral that central counterparty members can present to Takasbank.

Other collaterals accepted by Takasbank are as follows:

“Cash (Turkish lira/convertible foreign currency), government domestic debt securities, stocks, letters of guarantee, investment fund participation documents, Eurobonds issued by the Undersecretariat of the Treasury, lease certificates issued by the Undersecretariat of Treasury Asset Leasing Joint Stock Company are in line with the standard that is processed in the stock markets. gold, electronic securities, domestic debt securities issued by the G7 countries, and Eurobonds.

With the said regulation, the etiquette and foundations of the central counterparty practice, in which Takasbank undertakes to complete the clearing by acting as the seller against the buyer and the buyer against the seller, with the prestige of the markets or capital market instruments approved by the CMB, are regulated.


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