As of 7 July 2021, Borsa İstanbul starts to calculate and launch three new indices as BIST Gold Denominated Lease Certificate, BIST Gold Bond and BIST Spot Gold based on international currency and spot gold prices. The indices will be created in order to measure daily returns of Gold Bonds and Gold Denominated Lease Certificates issued by Turkish Republic Ministry of Treasury and Finance and Turkish Republic Ministry of Treasury and Finance Asset Leasing Company.

The CEO of Borsa Istanbul Korkmaz Ergun stated as follows: “To be effective from 7 July, 2021, we start to calculate 3 new Indices. In all these indices, spot gold prices and exchange rates realized in international markets will be used simultaneously. Indices will be calculated every 10 seconds during the day. One of them is BIST Spot Gold Index. The index is created to reflect changes in gold prices and to be used as an underlying asset or benchmark in various financial instruments that invest in physical gold, such as mutual funds or exchange-traded funds. The other two are BIST Gold-Denominated Lease Certificates and BIST Gold Bond indices. These indices will reflect changes in gold prices as well as the rental returns of Gold-Denominated Lease Certificates or the interest returns of Gold Bonds. Hence, the need for an Index, which can be used as an underlying asset or benchmark by the funds investing in gold-Denominated Lease Certificates and Gold Bonds issued by the Treasury, will be met and more demand will be created for the securities issued by the Treasury.