Bond Turkiye 1.87% ( JP579200ABF8 ) in JPY

Issuer	Turkiye
Market price	100 % ⇌
Country	Turkey
ISIN code	JP579200ABF8 ( in JPY )
Interest rate	1.87% per year ( payment 1 time a year)
Maturity	18/03/2021 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 JPY
Total amount	180 000 000 000 JPY
Detailed description	Turkey is a transcontinental Eurasian country spanning Western Asia and Southeastern Europe, with a rich history and diverse cultural heritage encompassing influences from various empires and civilizations. A sovereign bond, identified by ISIN code JP579200ABF8 and issued by the Republic of Turkey, has successfully completed its lifecycle, having matured and been fully redeemed on March 18, 2021. As a significant participant in global financial markets, Turkey, the issuing country, regularly accesses international capital through various debt instruments to fund its public expenditures and strategic initiatives. This particular obligation was denominated in Japanese Yen (JPY), carried an annual interest rate of 1.87%, and was part of a substantial issuance totaling JPY 180,000,000,000. Investors were able to acquire this bond with a minimum purchase size of JPY 100,000. While the bond paid interest once annually, its final market valuation indicated a 100% redemption price, consistent with its successful repayment upon maturity, reaffirming Turkey's commitment to its debt obligations.