search

TSKB’s New Foreign ‘Exchange Warrant’ Offering

15 December 2012
- 1 min Read

After offering its first FX Warrant on 27 May 2011, TSKB is making its second FX Warrant offering on 15 December 2011.

The Industrial Development Bank of Turkey (TSKB), the first private investment and development bank of Turkey, continues offering ‘Foreign Exchange Warrants’ to the public.

‘Foreign Exchange Warrants’ will start trading on 15 December 2011 and expire on 15 March 2012. Call Warrant’s strike is 1.92 (USD/TRY) and Put Warrant’s strike is 1.78 (USD/TRY).

Warrants are securitized options; therefore they are traded in organized exchanges. TSKB Foreign Exchange Warrants give the holder the right to buy or sell the currency at a predetermined price at the expiry date. The investors can sell their warrants before the expiry or alternatively do cash settlement of the warrant at the expiry date. TSKB Foreign Exchange Warrants will be traded on the ISE Collective Products Market and YF Securities will be the market maker.

You May Also Be Interested In

TSKB Issued USD 350 Million 5 Year Eurobond
26 June 2025 — 1 min. Read
A New USD 40 Million Loan from TSKB and Entek Elektrik
22 September 2025 — 3 min. Read
TSKB's 'Development Steps' Podcast Series Begins
28 January 2025 — 1 min. Read
TSKB Joins Net-Zero Banking Alliance
12 October 2022 — 3 min. Read
TSKB Signed USD 190 Million Syndicated Loan
18 July 2024 — 2 min. Read
TSKB has signed IDFC’s Climate Action
8 December 2015 — 3 min Read
TSKB issues USD 350 million Eurobond
17 January 2018 — 3 min Read
Other News