Bond Turkiye 2.5% ( TRD280521F28 ) in EUR

Issuer	Turkiye
Market price	100 % ⇌
Country	Turkey
ISIN code	TRD280521F28 ( in EUR )
Interest rate	2.5% per year ( payment 1 time a year)
Maturity	28/05/2021 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	232 754 000 EUR
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 TRD280521F28 bond, a sovereign debt instrument issued by Turkey, a prominent emerging market nation located at the crossroads of Europe and Asia with a robust, albeit periodically volatile, economy that actively engages in international finance to support its fiscal needs and growth initiatives, was a Euro-denominated obligation with an aggregate issuance volume of EUR 232,754,000, which provided investors a 2.5% annual interest rate, stipulated a minimum acquisition threshold of EUR 1,000, and matured on May 28, 2021, at which point it was fully repaid at its par value of 100%, thereby affirming the issuer's adherence to its repayment commitments.