Bond Turkiye 21.1% ( TRD160621T17 ) in TRY

Issuer	Turkiye
Market price	100 % ⇌
Country	Turkey
ISIN code	TRD160621T17 ( in TRY )
Interest rate	21.1% per year ( payment 1 time a year)
Maturity	16/06/2021 - Bond has expired
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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. The TRD160621T17 bond, a sovereign debt instrument issued by the Republic of Turkey, a nation strategically positioned at the crossroads of Europe and Asia and a prominent emerging market economy, has successfully completed its term, having matured and been redeemed on June 16, 2021, at its par value of 100% in Turkish Lira (TRY), after offering an attractive interest rate of 21.1% with an annual payment frequency, thereby fulfilling its obligation to investors.