Bond Aktiv Bank 0% ( TRFAKYB82134 ) in TRY

Issuer	Aktiv Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFAKYB82134 ( in TRY )
Interest rate	0%
Maturity	10/08/2021 - Bond has expired
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Minimal amount	1 TRY
Total amount	13 593 204 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. The TRFAKYB82134 bond, a debt instrument issued by Aktif Bank in Turkey, has successfully completed its lifecycle, reaching its maturity date of August 10, 2021, and undergoing full repayment to its holders. This specific bond, denominated in Turkish Lira (TRY), was characterized by a zero-percent interest rate and represented a total issuance size of 13,593,204 units, with a minimum purchase size set at 1 and a payment frequency of 1. Aktif Bank, a notable financial institution based in Turkey recognized for its focus on digital banking solutions and diverse financial product offerings, served as the issuer for this obligation. At the point of its final settlement, the bond was valued at 100% of its market price, affirming that all principal was returned to investors as it matured and was duly redeemed.