Bond Aktiv Bank 6.5% ( XS2340073605 ) in USD

Issuer	Aktiv Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	XS2340073605 ( in USD )
Interest rate	6.5% per year ( payment 2 times a year)
Maturity	07/05/2026
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Minimal amount	1 000 USD
Total amount	50 000 000 USD
Next Coupon	07/11/2025 ( In 55 days )
Detailed description	Aktif Bank is a Turkish commercial bank offering a range of financial services including corporate and retail banking, treasury, and investment banking. Aktif Bank, a financial institution based in Turkey, serves as the issuer of this bond, which is classified as an 'Obligation' and bears the International Securities Identification Number (ISIN) XS2340073605. Originated from Turkey, this debt instrument is denominated in United States Dollars (USD) and is currently trading at 100% of its face value, signifying par value on the market. It features an annual interest rate of 6.5%, with interest payments scheduled semi-annually, providing a regular income stream for investors. The bond is set to mature on May 7, 2026, marking a fixed redemption date for the principal. The total size of this bond offering stands at 50,000,000 USD, representing the full aggregate amount of the issuance, with a minimum purchase threshold set at 1,000 USD for interested parties.