Bond Aktiv Bank 9.85% ( TRDABVK42014 ) in TRY

Issuer	Aktiv Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRDABVK42014 ( in TRY )
Interest rate	9.85% per year ( payment 1 time a year)
Maturity	17/04/2020 - Bond has expired
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Minimal amount	100 TRY
Total amount	100 000 000 TRY
Detailed description	Aktif Bank is a Turkish commercial bank offering a range of financial services including corporate and retail banking, treasury, and investment banking. An analysis of fixed-income instruments highlights the TRDABVK42014 bond, a security issued by Aktif Bank, a significant Turkish financial institution recognized for its focus on corporate and investment banking, alongside innovative digital banking solutions. This bond, with ISIN TRDABVK42014, originated from Turkey and was denominated in Turkish Lira (TRY), offering an annual interest rate of 9.85%. The total issuance size amounted to 100,000,000 TRY, with a minimum purchase size of 100 TRY. The bond reached its maturity date on April 17, 2020, at which point it was fully redeemed at 100% of its par value, successfully completing its lifecycle and being repaid to investors.