Imogen Dillon Hatcher, Managing Director, FTSE EMEA said, “We’re delighted that Finans Portfoy Yonetimi has selected the FTSE Turkish Lira Government Bond index as the basis of its new ETF, and that FTSE has played a part in enabling the first fixed income ETF in the emerging Europe marketspace.”
“Finans Portfoy has been a pioneer in Turkish Financial Markets and aims to deliver another world-class product for the Turkish and international investment community.” said Dr. Omer Aras, executive board member of Finansbank.
He added: “FTSE Turkish Lira Government Bond Index will serve as an excellent base for an ETF as the index is an investable, transparent index reflecting the performance of rapidly developing Turkish Fixed Income market.
The index contains thirteen domestic bonds with a minimum nominal amount outstanding of1,000 million Turkish Lira, and includes both straight bullet bonds and zero coupon bonds. Real time values for the new index are available from major data vendors, using the following codes:
Reuters
FTSE Turkish Lira Government Bond Index <.FTTRGOV01>
Thomson
FTSE Turkish Lira Govt Bond Index =TRGOV01.FT
Bloomberg
FTSE Turkish Lira Govt Bond Index TRGV01 Index
More information about the FTSE Turkish Lira Government Bond Index, including constituents and historical performance is available at www.ftse.com/bonds