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Baklava bond

Summary

A Baklava bond is a financial bond denominated in Turkish lira and issued by a domestic or foreign entity in Turkey.^[1] The name refers to baklava, a Turkish dessert.

In October 2010, Turkish authorities allowed companies to issue bonds.^[2]

References edit

^ Memili, Ümit (2012). Baklava Bonds: Sweet Margins in Turkey. Evaluating Turkish Corporate Bonds in Local Currency. p. 117.
^ Memili, Ümit (2012). Baklava Bonds: Sweet Margins in Turkey. Evaluating Turkish Corporate Bonds in Local Currency.