Help & Advice

What are Government Bonds? What are their features?

Government Bonds are debt instruments with maturities of 1 year or more, issued by the government to build up funds and to finance budget deficits.

  • They have maturities of 1 year or more.
  • They may have coupons or be sold at a discount. At maturity, payment is done according to the nominal value specified on the face of the bond.
  • The ones with coupons pay interest quarterly, biannually or annually.
  • They are issued by the T.C. Treasury and sold by the T.C. Central Bank.
  • Sales are carried out through physical delivery or trust receipts.
  • If interest rates fall, the unit price increases.
  • A secondary market exists for them.
  1. How can I place a buy order for the fund? Can I place a buy order in the interim period?

    You may place your buy orders between the hours of 09:00 and 18:00 on the announced demand collection days, and until 12:00 on the last day.

  2. What is a 40 session order?

    While orders for only 1 or 2 sessions can be placed in the buy/sell step, you can place orders for a minimum of 3 sessions in the morning session, and a minimum of 2 sessions in the afternoon session, with a maximum of up to 40 sessions.

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