Bond Turkiye 24.3% ( TRD200324T29 ) in TRY

Issuer	Turkiye
Market price	100 % ⇌
Country	Turkey
ISIN code	TRD200324T29 ( in TRY )
Interest rate	24.3% per year ( payment 1 time a year)
Maturity	20/03/2024 - Bond has expired
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Minimal amount	100 TRY
Total amount	4 098 810 000 TRY
Detailed description	Turkey is a transcontinental Eurasian country spanning Western Asia and Southeastern Europe, with a rich history and diverse cultural heritage encompassing influences from various empires and civilizations. The Turkish sovereign bond, identified by ISIN TRD200324T29, which was issued by the Republic of Turkey as a key emerging market sovereign entity that strategically utilizes debt instruments to manage national finances and fund public expenditures, has successfully completed its lifecycle, having matured and been fully repaid to investors on March 20, 2024, at its 100% market value, with this specific debt instrument, denominated in Turkish Lira (TRY), having been characterized by an annual interest rate of 24.3%, part of a total issuance amounting to TRY 4,098,810,000, and available with a minimum purchase size of TRY 100.