London, 04 May 2016 -- Moody's Investors Service has today assigned a definitve A3 long-term rating to the euro-denominated covered bonds issued under the mortgage covered bond programme of Turkiye Vakiflar Bankasi TAO (the issuer, VakifBank, deposits Baa3 negative, adjusted baseline credit assessment (BCA) ba1, counterparty risk assessment Baa3 (cr)).

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