Bond EBRDS 0% ( XS2275308471 ) in TRY

Issuer	EBRDS
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS2275308471 ( in TRY )
Interest rate	0%
Maturity	28/01/2028
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Minimal amount	10 000 TRY
Total amount	16 000 000 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. A debt instrument, identified by ISIN XS2275308471, has been noted in the financial markets, issued by the European Bank for Reconstruction and Development (EBRD). The EBRD is an international financial institution established in 1991 to promote the transition towards open market economies and to foster private and entrepreneurial initiatives in countries committed to applying the principles of multi-party democracy and market economics. Its operational scope extends across Central and Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean, where it plays a pivotal role in economic development through direct investments, policy dialogue, and technical assistance. The Bank's core mandate includes facilitating sustainable and inclusive growth, enhancing economic resilience, and accelerating the green transition in its regions of operation. This particular bond originates from the United Kingdom and is currently trading at 100% of its par value on the market. It is denominated in Turkish Lira (TRY). A distinguishing feature of this bond is its stated interest rate of 0%, indicating that it is a non-interest-bearing or zero-coupon instrument, meaning investors will not receive periodic coupon payments. The bond has a total issuance size of 16,000,000 TRY, with a minimum investment denomination set at 10,000 TRY. Its maturity date is fixed for January 28, 2028. While a payment frequency of one is indicated, typically signifying annual payments, this is rendered moot by the zero interest rate, as no interest disbursements are made. Consequently, for a zero-coupon bond trading at par with a 0% interest rate, the effective yield to maturity is also 0%, positioning it as a distinct offering that may serve specific liquidity management objectives or regulatory requirements rather than traditional yield-seeking investment strategies.