Bond Guaranty Bank 22.808% ( TR0GRAN00YV0 ) in TRY

Issuer	Guaranty Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TR0GRAN00YV0 ( in TRY )
Interest rate	22.808% per year ( payment 1 time a year)
Maturity	21/03/2019 - Bond has expired
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Minimal amount	1 TRY
Total amount	25 531 953 TRY
Detailed description	Garanti Bank is a major Turkish bank offering a wide range of financial services, including retail, corporate, and investment banking, with a significant international presence. We report on the full maturity and successful repayment of a specific bond, ISIN TR0GRAN00YV0, issued by Garanti Bank, a preeminent financial institution headquartered in Turkey. Garanti Bank stands as a significant pillar within the Turkish banking sector, offering an extensive array of financial services encompassing retail, corporate, and investment banking, and is widely recognized for its robust market presence and comprehensive financial offerings in the country. This particular fixed-income instrument, denominated in Turkish Lira (TRY), featured an annual interest rate of 22.808% and represented a total issuance size of 25,531,953 units, with a minimal purchase threshold of 1 unit. Originally set to mature on March 21, 2019, the bond fully completed its term on the specified date and has since been entirely redeemed, with its market price at the point of repayment confirming 100% of its principal value, thereby signifying its complete and timely settlement to all bondholders.