Bond Aktiv Bank 20.6% ( TRDABVKK1835 ) in TRY

Issuer	Aktiv Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRDABVKK1835 ( in TRY )
Interest rate	20.6% per year ( payment 1 time a year)
Maturity	30/11/2018 - 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	25 000 000 TRY
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 prominent financial institution operating within the Turkish banking sector, had issued a specific bond identified by the ISIN code TRDABVKK1835. This fixed-income instrument, denominated in Turkish Lira (TRY), carried an annual interest rate of 20.6% and was part of a total issuance valued at 25,000,000 TRY, with a minimum acquisition size set at 100 TRY. Originating from Turkey, this obligation matured on November 30, 2018, and was subsequently repaid at par, reflecting its 100% market price upon redemption, thereby fulfilling the issuer's commitments to its bondholders.