Borsa Istanbul announced that the date of public offering and trading of Mint Certificates will be 21 November 2022.
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Within the framework of the prospectus approved by the Capital Markets Board’s decision dated 25.08.2022, gold-backed Mint Certificates to be offered to the public by the General Directorate of Mint and Stamp Printing House (“Mint”) of the Ministry of Treasury and Finance, Borsa İstanbul A.Ş. It will be offered for sale with the code “GOLD.S1” in the Commodity Market within the Equity Market and will begin to be traded.
The following statements were included in the statement made by Borsa Istanbul on the Public Disclosure Platform regarding the public offering and trading of mint certificates;
500.000.000 Mint Certificates, each of which is based on 0.01 gram gold of 0.995 purity, to be offered to the public in exchange for 5,000 kilograms of gold of 0.995 purity by the General Directorate of Mint and Stamp Printing House of the Ministry of Treasury and Finance of the Republic of Turkey, will be quoted in accordance with Article 15 of the Quotation Directive. As of 11/2022, it will be offered for sale in the Equity Market Commodity Market with the transaction code “GOLD.S1” and will start to be traded.
The reference price, which will be taken as the base price during ALTIN.S1 trading on the first trading day, will be announced on the Public Disclosure Platform by the issuer and/or market maker the day before the first trading day in the Exchange.
During the ALTIN.S1 transaction, the price margin to be applied to the base price will be 5%, and the maximum order size will be 1,000,000 TL.