Part II - Answer the following questions (6 points each) 12. Explain the transformation of the treasury organization in Turkey. 13. How treasury organization in Anglo-Saxon tradition differs with the one in continental Europe. 14. Explain the planning process of yearly cash program. 15. Explain the characteristics and advantages of Treasury Single Account 16. Compare former TSA coverage and extended TSA coverage determined by presidential decree dated on August 8, 2018. 17. Explain the current legislation regarding debt management in Turkey, and the situation prior to the current legislation. 18. Classify government domestic debt securities according to maturity, coupon type and currency. 19. Specify the difference between program loans and project loans. 20. What are the Treasury guarantee mechanisms? 21. Why Turkish Treasury established primary dealership system? Part II - Answer the following questions (6 points each) 12. Explain the transformation of the treasury organization in Turkey. 13. How treasury organization in Anglo-Saxon tradition differs with the one in continental Europe. 14. Explain the planning process of yearly cash program. 15. Explain the characteristics and advantages of Treasury Single Account 16. Compare former TSA coverage and extended TSA coverage determined by presidential decree dated on August 8, 2018. 17. Explain the current legislation regarding debt management in Turkey, and the situation prior to the current legislation. 18. Classify government domestic debt securities according to maturity, coupon type and currency. 19. Specify the difference between program loans and project loans. 20. What are the Treasury guarantee mechanisms? 21. Why Turkish Treasury established primary dealership system