Turkey is considering establishing a pool of assets from funds frozen by regulators following defaults that sparked investor panic last week, an official familiar with the matter said. The pool may comprise the assets of the 131 funds that the Capital Markets Board has ordered into liquidation, the official said, requesting anonymity to discuss private deliberations. The official added that policymakers are still discussing which entity will manage the pool.

The move comes as authorities seek to restore confidence after a wave of fund defaults that rattled domestic and international investors. By potentially consolidating the frozen assets, regulators hope to streamline repayment processes and reduce uncertainty in the market.

No final decision has been made, and details regarding the structure and management of the proposed asset pool remain under active discussion among Turkish financial officials.