SPK Announces 50% Discount for Sustainability-Linked Financial Instruments: The Future of Green Finance

The Capital Markets Board (SPK) has introduced new regulations aimed at supporting sustainable projects in Turkey. The 'Green, Sustainable and Social Capital Markets Instruments Guide' will facilitate the issuance of green bonds, sustainable lending instruments, and social projects.

Innovation Aligned with International Standards The guide was prepared based on the International Capital Markets Association's green bond principles.

■New framework documents for green and social projects - Mandatory setting and verification of sustainability targets - Flexibility in coupon payments for issuers ### Cost Reduction Through 50% Discount SPK has decided to reduce the Capital Markets Board fees by 50% for the issuance of capital market instruments.

■Halving of issuance costs for companies - Clarification of reporting procedures - Mandatory special situation disclosures ### Market Implications These regulations will position Turkey's green finance market in line with international standards.

■Easier financing for sustainable projects - Increased investor interest in green bonds - Faster implementation of corporate social responsibility projects > The growth of green finance will positively impact Turkey's credit rating in the long term. It will also open up international capital markets and boost investor confidence in Turkey.