Bond Akbanque 0% ( TRFAKBK41972 ) in TRY

Issuer	Akbanque
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFAKBK41972 ( in TRY )
Interest rate	0%
Maturity	11/04/2019 - Bond has expired
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Minimal amount	100 TRY
Total amount	245 200 000 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. This financial article details a specific debt instrument, identified by ISIN TRFAKBK41972, which was issued by Akbank, a prominent financial institution based in Turkey recognized as one of the country's largest private banks for its comprehensive array of corporate, commercial, retail, and investment banking services, thereby playing a pivotal role in the Turkish financial landscape; this particular bond, denominated in Turkish Lira (TRY) and issued within Turkey, represented a total issuance volume of 245,200,000 TRY alongside a minimum purchase denomination of 100 TRY, notably carried a 0% interest rate and a stated payment frequency of 1, which implied a single repayment upon its maturity on April 11, 2019, at which point the bond was valued at 100% of its par and has since been fully repaid, confirming Akbank's successful fulfillment of its obligations to the bondholders.