ELECTRICITY MARKET

A

Collaterals Covered based on Collateral Procedures and Principles

Within the framework Collateral Procedures and principles, total collateral consist of following items.

  • Initial Collateral (BT)
  • DAM and IDM Collateral (GÖGI)
  • Additional Collateral (ET)

Total Collateral (TT) is calculated with the following formula;

TT = max (GÖGİ, BT) + ET

Collateral transactions are carried out over the accounts opened at Takasbank. Assets to be accepted as collateral are as follows:

  • Turkish lira,
  • Foreign Currency (US Dollar or Euro),
  • Letters of Guarantee in TL or Foreign Currency,
  • Government Domestic Debt Securities,
  • Eurobond

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