Turkish State Mint Gold Certificate

• Commodity Certificates are capital market instruments issued to represent a specific commodity. Commodity certificates are alternative investment tools for investors willing to invest in precious metals such as gold, silver and other commodities in the spot market.
• Commodity certificates that are deemed appropriate to be traded on the Exchange are traded with the extension of “S1” feature code on the Commodity Market segment while the ones offered to qualified investors shall be traded on the Venture Capital Market segment in the Equity Market.
• Commodity certificates are traded with continuous trading method and are included in the opening and closing auctions of the session.
• First price of the commodity certificates will be announced by the issuer and/or the market maker one day prior to the first trading day on Public Disclosure Platform (https://www.kap.org.tr/en/) and this price constitutes the base price. In the following days the base price is determined by the current method applied for equities.
• Price margin is applied as 5%, price tick is applied as 1 Kr. in each price level and maximum order value is applied as 1 million TL for commodity certificates.
• Clearing and settlement of commodity certificate trades shall be carried out on the second business day following the transaction day (T+2).

Turkish State Mint Gold Certificate (ALTIN.S1)

is a commodity certificate issued by the Turkish State Mint and Security Printing (Mint) and is traded on the Exchange. Mint Gold Certificate is a capital market instrument representing 0.01 grams of gold with 0.995 purity each and allowing its holder to convert the certificates to physical gold within the scope of the Prospectus published on Public Disclosure Platform.