Bond Akbank 0% ( TRFAKBK41972 ) in TRY
| Issuer | Akbank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | Turkey
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| ISIN code |
TRFAKBK41972 ( in TRY )
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| Interest rate | 0% | ||||||||
| Maturity | 11/04/2019 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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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. |
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