Turkey, June 13 -- The European Bank for Reconstruction and Development (EBRD) is investing up to USD $100 million equivalent in Turkish lira-denominated covered bonds to be issued by Turkiye's 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 Turkiye Green Economy Financing Facility II (Turkiye GEFF II), the framework under which the transaction is taking place.In addition to promoting green financing and the transition to an environmentally sustainable, low-carbon and climate-resilient economy, the issuance will revive the covered bond market and encourage its use as a viable channel for Turkis...