---
title: "Tera Portföy declares default in two funds, payment periods extended in six funds"
url: https://gazete.tv/en/story/2026-09-16-tera-portfoy-declares-default-two-funds/
lang: en
date: 2026-09-16
updated: 2026-09-16T22:17:53.559Z
category: economy
sources: 6
agreement: differ
---

# Tera Portföy declares default in two funds, payment periods extended in six funds

On the evening of September 16, as Borsa Istanbul (BIST) fell sharply, Tera Portföy declared a payment default in its THF and TP2 funds. Unit share value in six free funds, including TLY, will now be calculated on the 15th of each month, with sale proceeds paid on the 10th business day.

## Where reports differ

- **Independent press** — Ekonomim and Karar focused on the technical content of the disclosures, noting that the default does not mean the fund's collapse but that investors could not access their money within the expected timeframe, and that fund size data varied between 224 and 243 billion lira across different platforms.
- **Opposition-leaning press** — Cumhuriyet, Halk TV, BirGün and Evrensel highlighted a statement by Tera Holding Chairman Emre Tezmen referencing President Erdoğan and describing the process as a "speculative attack"; they presented Tezmen's defense of a "temporary liquidity shortage" with skepticism.

## Who is in this story

- [Tera Portföy](https://gazete.tv/en/who-is-who/tera-portfoy/) — Companies
- [Emre Tezmen](https://gazete.tv/en/who-is-who/emre-tezmen/) — People
- [Borsa Istanbul (BIST)](https://gazete.tv/en/who-is-who/borsa-istanbul/) — Institutions
- [Public Disclosure Platform (KAP)](https://gazete.tv/en/who-is-who/kap/) — Institutions
- [Sermaye Piyasası Kurulu](https://gazete.tv/en/who-is-who/sermaye-piyasasi-kurulu/) — Institutions
- [Mehmet Şimşek](https://gazete.tv/en/who-is-who/mehmet-simsek/) — People
- [Pusula Portföy](https://gazete.tv/en/who-is-who/pusula-portfoy/) — Companies

## News sources

- [Tera Portföy’ün iki fonu temerrütte, 6 fonunda para 10’uncu iş günü ödenecek](https://www.ekonomim.com/ekonomi/tera-portfoyden-dorduncu-hisse-senedi-serbest-tl-fonu-ile-ilgili-aciklama-haberi-918677) — Ekonomim (independent) — 2026-09-16
- [Pusula’nın ardından Tera Portföy’de kritik gelişme: İki fonda temerrüt, 6 fonda ödeme süresi uzadı](https://www.karar.com/ekonomi-haberleri/pusulanin-ardindan-tera-portfoyde-kritik-gelisme-iki-fonda-temerrut-6-2072415) — Karar (independent) — 2026-09-16
- [Fonları temerrüde düşen Tera Portföy Cumhurbaşkanı Erdoğan'a sığındı!](https://halktv.com.tr/ekonomi/fonlari-temerrude-dusen-tera-portfoy-cumhurbaskani-erdogana-sigindi-1055504h) — Halk TV (opposition) — 2026-09-16
- [Tera Portföy'ün fonları temerrüde düştü: Başkanından 'Erdoğan' ve 'spekülasyon' vurgulu açıklama geldi](https://www.cumhuriyet.com.tr/ekonomi/tera-portfoy-un-fonlari-temerrude-dustu-baskanindan-erdogan-ve-spekulasyon-vurgulu-aciklama-geldi-2538279) — Cumhuriyet (opposition) — 2026-09-16
- [Tera Portföy fonları temerrüde düştü](https://www.birgun.net/haber/tera-portfoy-fonlari-temerrude-dustu-735185) — BirGün (opposition) — 2026-09-16
- [Pusula Portföy’ün ardından şimdi de Tera Portföy krizi](https://www.evrensel.net/haber/6000845/pusula-portfoyun-ardindan-simdi-de-tera-portfoy-krizi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_syndication) — Evrensel (opposition) — 2026-09-16

## Other editions

- tr: https://gazete.tv/tr/story/2026-09-16-tera-portfoy-iki-fonunda-temerrut-bildirdi/
- ar: https://gazete.tv/ar/story/2026-09-16-tera-portfoy-declares-default-two-funds/
- ru: https://gazete.tv/ru/story/2026-09-16-tera-portfoy-obyavila-defolt-dvum-fondam/

---

Published by gazete.tv. https://gazete.tv/en/story/2026-09-16-tera-portfoy-declares-default-two-funds/