Bond Aktiv Bank 22.85% ( TRDABVK81913 ) in TRY

Issuer	Aktiv Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRDABVK81913 ( in TRY )
Interest rate	22.85% per year ( payment 1 time a year)
Maturity	09/08/2019 - 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 informative financial overview confirms the successful maturity and redemption of the bond identified by ISIN TRDABVK81913, which was issued in Turkey by Aktif Bank, a prominent Turkish financial institution renowned for its diverse offerings within the Turkish banking sector; this fixed-income instrument, denominated in Turkish Lira (TRY), featured a noteworthy annual interest rate of 22.85% and represented a total issuance size of 100,000,000 TRY, with individual purchase units as small as 100 TRY, having reached its scheduled maturity on August 9, 2019, and subsequently been fully repaid to investors at par.