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Garanti Bank launches brokerage house warrants on Borsa Istanbul

Published 12/24/2024, 06:30 PM
GARAN
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ISTANBUL - Türkiye Garanti Bankası A.Ş. announced the commencement of trading for its new series of brokerage house warrants on the Structured Products and Funds Market of Borsa İstanbul on Tuesday. A total of 1.06 billion warrants, with market making by Garanti Yatırım Menkul Kıymetler A.Ş., are now available for trading.

The bank released the initial sales prices for these financial instruments, which are indicative and set for the session's opening. These prices are subject to change during the trading session and are not guaranteed to remain at the opening level throughout the day.

The securities note for the warrants was published on December 18, 2024, providing investors with detailed information about the offering.

The warrants come with a variety of initial sales prices, ranging from as low as 0.02 to as high as 3.34, depending on the specific warrant code. This wide range of prices is designed to cater to a broad spectrum of investor preferences and risk appetites.

The launch of these warrants is part of Garanti Bank's ongoing efforts to expand its financial product offerings and provide additional investment options to its clients. The bank has emphasized that these warrants are structured financial products and their prices can fluctuate in line with market conditions.

Investors interested in the new warrants can refer to the full list of initial sales prices and codes provided in the bank's announcement. It should be noted that the information provided is based on a press release statement from Garanti BBVA (BME:BBVA), and investors are advised to conduct their own research or consult with financial advisors before making investment decisions.

The announcement also clarified that in case of any discrepancies between the Turkish and English versions of the public disclosure, the Turkish version would prevail. Garanti Bank has confirmed that its statements are in accordance with the principles of the Capital Markets Board's Communiqué, Serial II Nr.15.1, and accurately reflect the information received, in compliance with their records, books, and documents.

This new issuance on Borsa Istanbul reflects the bank's commitment to transparency and adherence to regulatory standards, as it seeks to maintain the trust of its investors and the investment community at large.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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