Other services – Turkey
Securities lending and borrowing
Turkish securities are not eligible for CBL's securities lending and borrowing programme.
Disclosure requirements
Please refer to the Disclosure Requirements - Turkey.
Holding restrictions
To be eligible to hold Turkish securities through Clearstream Banking, clients are required to:
- Inform Clearstream Banking of the beneficial owner's Turkish Tax ID (or, in the case of a Turkish resident individual, the Turkish national ID number); or
- Request, via Clearstream Banking, a Turkish Tax ID.
For further information about how to comply with the above requirements, please refer to the Market Taxation Guide - Turkey.
Note: Turkish residents or individual final beneficial owners are not entitled to hold fixed income securities issued by the Turkish Treasury, such as:
- Government bonds;
- Treasury Bills;
- Public lease certificates (SUKUKs);
- Gold bonds;
- Gold indexed public lease certificates.
Foreign exchange
Foreign exchange services for the Turkish Lira are available to clients on a case-by-case basis, upon request.
To complete foreign exchange conversions for the Turkish Lira, clients should contact CBL’s Treasury Desk directly via an authenticated communications medium.