Entitlement Compensation Rules - Turkey


Debt securities

Market compensation basis:No compensation
Automatic Compensation Managed by Local CSD:Not applicable
Restriction on custody events/transaction types:Not applicable
Service offered by CBL:Not applicable


Market compensation basis:Settlement Date
Automatic Compensation Managed by Local CSD:No
Restriction on custody events/transaction types:No restriction
Additional information:
In the event of entitlement arising from a pending trade, CBL's depository will contact the counterparty to recover the entitlement.
Service offered by CBL:Adjustment is performed on the basis of information received from the depository.