Bond Akbanque 0% ( TRFAKBK620P8 ) in TRY

Issuer	Akbanque
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFAKBK620P8 ( in TRY )
Interest rate	0%
Maturity	16/06/2020 - Bond has expired
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Minimal amount	100 TRY
Total amount	561 422 000 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. An obligation identified by the ISIN code TRFAKBK620P8, issued by Akbank, a leading Turkish financial institution and one of the country's largest private banks offering comprehensive banking and financial services, has recently been noted as having matured. This bond, denominated in Turkish Lira (TRY) and issued in Turkey, represented a total issue size of 561,422,000 TRY, with a minimum purchase size set at 100 TRY units. Notably, it featured a 0% interest rate and a payment frequency of 1, indicating either a zero-coupon structure or a single principal payment upon maturity. The bond reached its scheduled maturity date on June 16, 2020, and was subsequently redeemed at 100% of its market price, confirming its full repayment to investors.