Bond Akbanque 9.25% ( TRFAKBK22162 ) in TRY

Issuer	Akbanque
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFAKBK22162 ( in TRY )
Interest rate	9.25% per year ( payment 1 time a year)
Maturity	02/02/2021 - Bond has expired
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Minimal amount	100 TRY
Total amount	428 699 000 TRY
Detailed description	Akbank is a major Turkish commercial bank offering a wide range of financial services including retail banking, corporate banking, investment banking, and private banking. A fixed-income instrument issued by Akbank, a prominent Turkish financial institution, the bond identified by ISIN TRFAKBK22162 was denominated in Turkish Lira (TRY) and carried an annual interest rate of 9.25%. Originating from Turkey, this bond had a total issue size of TRY 428,699,000, with a minimum purchase amount set at TRY 100, and featured an annual payment frequency. Having reached its maturity date on February 2, 2021, this bond, which traded at 100% of its par value upon redemption, has since been fully repaid to investors.