Bond Eurobank Reconstruction Development 0% ( XS2032637162 ) in TRY

Issuer Eurobank Reconstruction Development
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  XS2032637162 ( in TRY )
Interest rate 0%
Maturity 25/08/2022 - Bond has expired



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Minimal amount 10 000 TRY
Total amount 21 100 000 TRY
Detailed description The European Bank for Reconstruction and Development (EBRD) is an international financial institution that promotes the development of market economies and democracies in 38 countries spanning from Central Europe to Central Asia.

This financial article provides a detailed analysis of a specific debt instrument issued by the European Bank for Reconstruction and Development (EBRD), an international financial institution established in 1991 with the mission to foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative across 38 emerging economies, including regions in Central Asia, Central Europe, Eastern Europe, the Western Balkans, and North Africa. Owned by 73 countries along with the European Union and the European Investment Bank, the EBRD primarily engages in project finance, policy dialogue, and technical assistance. The bond under review, identified by its ISIN code XS2032637162, was denominated in Turkish Lira (TRY) and issued from the United Kingdom. This particular issuance represented a total volume of 21,100,000 TRY, with a minimum purchase increment set at 10,000 TRY. Notably, the bond featured a 0% interest rate, characteristic of a zero-coupon bond, where investor returns are typically realized from the discount at which the bond is purchased relative to its face value at maturity, rather than through periodic interest payments. The bond reached its full maturity on August 25, 2022, and was subsequently redeemed at its par value, reflecting a market price of 100% at the time of redemption, thus completing the repayment of principal to all bondholders.