TURKISH BOND MARKET.

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Presentation transcript:

TURKISH BOND MARKET

TYPES OF BONDS ZERO COUPON BONDS FIXED-COUPON BONDS FRNs INDEXED BONDS BENCHMARK BOND FIXED-COUPON BONDS FRNs INDEXED BONDS

TYPES OF BONDS

ACTORS OF THE MARKET PRIMARY DEALERSHIP BANKS MUTUAL/PENSION FUNDS FOREIGN INVESTORS HOUSEHOLDS OTHERS Foundations, Corporates etc.

BOND HOLDINGS

BOND HOLDINGS 2

NON-BANK INVESTORS

FOREIGN INVESTORS

YIELD CURVE

REAL YIELD CURVE

CBRT DECISIONS

TURKISH TREASURY AUCTIONS NON-COMPETITIVE PHASE(ROT - PDs) COMPETITIVE PHASE (BIDDING)

FUND MARKET %85 MM FUNDS