ISTANBUL The European Bank for Reconstruction and Development ( EBRD ) is investing up to $100 million equivalent in Turkish Lira-denominated covered bonds to be issued by Akbank , in an issuance that will mark the revival of covered bonds in the country. The proceeds will be used for on-lending to sub-borrowers implementing green economy investments, in line with the Türkiye Green Economy Financing Facility II (Türkiye GEFF II), the framework under which the transaction is taking place, the