Baklava bond: Difference between revisions
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Baklava bond is a bond denominated in Turkish Lira and issued by a domestic or foreign entity in the Turkish market<ref>{{cite book|last=Memili|first=Ümit|title=Baklava Bonds: Sweet Margins in Turkey. Evaluating Turkish Corporate Bonds in Local Currency|year=2012|asin=|pages=117}}</ref>. The name refers to [[baklava]], a Turkish dessert. |
A '''Baklava bond''' is a bond denominated in Turkish Lira and issued by a domestic or foreign entity in the Turkish market<ref>{{cite book|last=Memili|first=Ümit|title=Baklava Bonds: Sweet Margins in Turkey. Evaluating Turkish Corporate Bonds in Local Currency|year=2012|asin=|pages=117}}</ref>. The name refers to [[baklava]], a Turkish dessert. |
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In October 2010, Turkish authorities allowed companies to issue bonds.<ref>{{cite book|last=Memili|first=Ümit|title=Baklava Bonds: Sweet Margins in Turkey. Evaluating Turkish Corporate Bonds in Local Currency|year=2012}}</ref> |
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==References== |
==References== |
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Revision as of 17:57, 13 November 2014
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A Baklava bond is a bond denominated in Turkish Lira and issued by a domestic or foreign entity in the Turkish market[1]. The name refers to baklava, a Turkish dessert.
In October 2010, Turkish authorities allowed companies to issue bonds.[2]