Bond Guaranty Bank 0% ( TR0GRAN01AD6 ) in TRY

Issuer	Guaranty Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TR0GRAN01AD6 ( in TRY )
Interest rate	0%
Maturity	14/07/2020 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 TRY
Total amount	46 673 720 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. A detailed financial overview reveals a specific bond instrument, identified by ISIN TR0GRAN01AD6, issued by Garanti Bank. As a prominent private financial institution based in Turkey, Garanti Bank plays a pivotal role in the nation's banking sector, known for its extensive operations and market leadership. This bond, issued from Turkey and denominated in Turkish Lira (TRY), featured a 0% interest rate and an original total issue size of 46,673,720 TRY, with a minimum purchase amount of 100 TRY. The instrument, which implied a single payment event at maturity given its zero coupon nature, reached its scheduled maturity date on July 14, 2020. At that time, the bond was fully redeemed at 100% of its face value, signifying the successful completion of its term and the fulfillment of all issuer obligations.