London Stock Exchange welcomes Türkiye Wealth Fund following Landmark Sukuk Issuance

Türkiye Wealth Fund (TWF), the asset-backed development fund of Türkiye, marked its landmark USD 750 million Sukuk issuance in October 2024 during a Market Open Ceremony at the London Stock Exchange (LSE). This milestone strengthens Türkiye's role in global financial markets and reflects growing investor confidence in its economic future.

The team celebrating on the balcony at LSEG during the welcome ceremony.

The Sukuk issuance, with a return rate of 6.95%, was oversubscribed by 14 times, setting a record in the history of Sukuk issuances. Following the success, TWF executed a re-tap Sukuk issuance in January 2025, increasing the total size to USD 1 billion.

The event marks TWF’s continued efforts to expand Türkiye’s financial influence and support long-term growth.

“We are pleased to be at the London Stock Exchange on this occasion, as our recent Sukuk issuance was an important milestone in our strategy to deepen our engagement with global financial markets. This achievement underscores the strength of Türkiye's economic prospects and the confidence international investors have in our long-term vision. We look forward to continuing to build on these relationships and unlocking new opportunities for sustainable growth. Our collaboration with LSE highlights the global trust in Türkiye's economic policies. We are committed to leveraging global partnerships to foster economic stability and create lasting value.”

TWF
CEO

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