Bond EBRDS 16.5% ( XS1990807254 ) in TRY

Issuer	EBRDS
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS1990807254 ( in TRY )
Interest rate	16.5% per year ( payment 1 time a year)
Maturity	15/05/2024 - Bond has expired
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Minimal amount	10 000 TRY
Total amount	18 000 000 TRY
Detailed description	The European Bank for Reconstruction and Development (EBRD) is an international financial institution that promotes private sector development and the transition to market economies across Central and Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean. An investment vehicle identified by ISIN XS1990807254, structured as a bond, has recently reached its maturity and undergone full redemption. The issuer of this bond is the European Bank for Reconstruction and Development (EBRD), an international financial institution established in 1991 with the primary mission of fostering the transition towards open market economies and promoting private and entrepreneurial initiative in countries committed to democratic principles. Operating across a wide geographical scope, from Central Europe to Central Asia and the Southern and Eastern Mediterranean, the EBRD provides project financing for banks, industries, and businesses, supporting both new ventures and existing enterprises. This specific bond, issued from the United Kingdom, featured a substantial coupon rate of 16.5% and was denominated in Turkish Lira (TRY). The total size of the issuance was TRY 18,000,000, with a minimum purchase amount set at TRY 10,000. Interest payments were scheduled on an annual basis. The bond's maturity date was May 15, 2024, at which point it was redeemed at its par value of 100%, confirming its complete repayment to bondholders.