Bills And Bonds Prices
Invest in Bills and Bonds with İktisatbank and Seek More Stable Returns
If you would like to diversify your portfolio with fixed-income instruments denominated in Turkish Lira or foreign currency, you can follow İktisatbank's live prices for Treasury Bills, Government Bonds, TRNC Government Domestic Debt Instruments and Bank Bonds.
Before reading the table: The ISIN code is the international identification number unique to each security; Days to Maturity is the period remaining from today until the maturity date. A Coupon Rate of 0.000 means that the security was issued without coupons (at a discount). Bank Bid Rate % (Simple) is the simple interest rate quoted by the bank as a percentage; Bank Bid / Ask (Dirty) is the total transaction price, including accrued interest.
| Security Type |
ISIN Code |
Maturity | Currency | DTM | Coupon Rate % |
Bank Ask Rate (Simple) |
Bank Bid (Dirty) |
Annual Return % |
Bank Ask (Dirty) |
|---|---|---|---|---|---|---|---|---|---|
| Bank Bond | TRFNURLK2614 | 12.11.2026 | TRY | 10 | 0.000 | 45.000 | 95.188 | 39.000 | 95.803 |
| Bank Bond | TRFNURLK2622 | 20.11.2026 | TRY | 18 | 0.000 | 45.000 | 95.637 | 39.000 | 96.197 |
| TRNC Government Bond | KKB271126T10 | 27.11.2026 | TRY | 25 | 0.000 | 45.000 | 95.077 | 37.150 | 95.901 |
| TRNC Government Bond | KKB080127T89 | 08.01.2027 | TRY | 67 | 0.000 | 45.000 | 91.022 | 36.750 | 92.546 |
| Bank Bond | TRFNURL22713 | 04.02.2027 | TRY | 94 | 0.000 | 45.000 | 87.772 | 38.500 | 89.350 |
| TRNC Government Bond | KKB050227T16 | 05.02.2027 | TRY | 95 | 0.000 | 45.000 | 89.220 | 37.000 | 90.964 |
| Turkey Government Bond | TRT140727T14 | 14.07.2027 | TRY | 254 | 37.840 | 36.031 | 111.700 | 35.913 | 111.770 |
| Turkey Government Bond | TRT150927T11 | 15.09.2027 | TRY | 317 | 10.280 | 36.178 | 83.020 | 35.878 | 83.200 |
| Turkey Government Bond | TRT190728T18 | 19.07.2028 | TRY | 625 | 17.300 | 35.670 | 82.310 | 35.494 | 82.490 |
| Turkey Government Bond | TRT130928T38 | 13.09.2028 | TRY | 681 | 36.000 | 36.273 | 103.730 | 36.196 | 103.830 |
| Turkey Government Bond | TRT081128T15 | 08.11.2028 | TRY | 737 | 31.080 | 36.232 | 107.440 | 36.155 | 107.540 |
| Turkey Government Bond | TRT280432T14 | 28.04.2032 | TRY | 2004 | 21.500 | 34.454 | 79.350 | 34.233 | 79.750 |
| Turkey Government Bond | TRT051033T12 | 05.10.2033 | TRY | 2529 | 26.200 | 32.520 | 84.030 | 32.455 | 84.180 |
| Turkey Government Bond | TRT050935T13 | 05.09.2035 | TRY | 3229 | 30.060 | 32.883 | 95.110 | 32.841 | 95.220 |
| Last Updated: 02.11.2026 - 07:11:00 | |||||||||
* Interest and similar income earned from securities issued by foreign institutions, organisations and the treasuries of other countries are subject to withholding tax at a rate of 18% for foreign currency-denominated income and 17.5% for income denominated in Turkish Lira.
Treasury Bills, Government Bonds and Corporate Debt Securities
At İktisatbank, you can invest over the medium and long term in Treasury Bills, Government Bonds, TRNC Government Domestic Debt Instruments, Bank Bonds and Corporate Bonds, and aim for regular, predictable returns.
When building their portfolios, investors choose among a variety of instruments. Fixed-income securities such as bonds and bills are an important option, particularly for investors seeking stability. Bonds and bills provide predetermined interest payments (coupon payments). This enables investors to plan their future cash flows in advance. This predictability is a significant advantage, especially for individuals who need a regular income during retirement. Compared with equities, bonds and bills generally carry lower risk. Holding bonds in an investment portfolio helps spread risk across different asset classes. By providing a balancing element against fluctuations in equity markets, they may reduce overall portfolio volatility. For bonds and bills held to maturity, the principal is repaid at maturity provided that the issuer does not default. This feature is appealing to investors seeking to preserve their capital. Bonds and bills can generally be bought and sold in secondary markets. This gives investors the flexibility to exit their position without waiting until maturity.
- Treasury Bill: A government domestic debt instrument issued by the Treasury of the Republic of Türkiye with a maturity of less than one year.
- Government Bond: A debt instrument also issued by the Treasury of the Republic of Türkiye with a maturity of one year or longer. If held until maturity, principal and interest payments are backed by the commitment of the Treasury of the Republic of Türkiye.
- TRNC Government Domestic Debt Instrument: A debt instrument issued by the Treasury of the Turkish Republic of Northern Cyprus, which may be denominated in Turkish Lira or foreign currency. It offers investors different maturity and return options under a public guarantee.
- Bank Bond and Corporate Bond: Issued by banks and private-sector companies, these instruments offer alternatives with different maturity, return and risk profiles, enabling portfolio diversification. Returns from bank and corporate instruments depend on the issuer's own financial strength.
Frequently Asked Questions About Bills and Bonds
If you do not yet have an account with Kıbrıs İktisat Bankası Ltd., you can open an account by visiting your nearest İktisatbank branch with a valid identity document and proof of address. After signing the Treasury Products Customer Information Form, you can complete your transaction. You may also call Phone Banking on +90(392)444-4444 for detailed information.
Existing customers can complete their transaction at their nearest İktisatbank branch after signing the Treasury Products Customer Information Form.
If a debt instrument is to be cashed in before maturity, its transaction price is determined according to market conditions on that day. With fixed-income debt instruments, investors know the interest income they will receive at the time of investment. If these instruments are held until maturity, the expected return is preserved.
Both are issued by the Treasury of the Republic of Türkiye; the main difference is maturity. Instruments with a maturity of less than one year are called Treasury Bills, while those with a maturity of one year or longer are called Government Bonds.
No. Unlike government bonds backed by a public guarantee, Bank Bonds and Corporate Bonds depend on the financial strength of their issuers.
Government and corporate bills and bonds are primarily subject to interest-rate risk, inflation risk, liquidity risk and the risk that incoming payments cannot be reinvested at the same return. For corporate bonds, credit/default risk—the possibility that the company cannot repay its debt—credit rating downgrades, partial or no recovery of receivables in bankruptcy, and sector-specific fluctuations are more pronounced. Government bonds generally offer lower risk and lower returns, while corporate bonds have the potential for higher returns to compensate for these additional risks. (This text is for general information only and does not constitute investment advice.)