Bond Akbanque 0% ( TRFAKBK620T0 ) in TRY

Issuer	Akbanque
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFAKBK620T0 ( in TRY )
Interest rate	0%
Maturity	22/06/2020 - Bond has expired
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Minimal amount	100 TRY
Total amount	313 920 000 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 detailed review of the fixed-income instrument bearing ISIN TRFAKBK620T0, issued by Akbank, a leading Turkish financial institution recognized for its significant role in the nation's banking sector, highlights its characteristics as a Turkish Lira (TRY) denominated bond with a total issuance size of 313,920,000 TRY and a minimum acquisition size of 100 TRY; notably, this specific bond carried a 0% interest rate and was designed for a single repayment at maturity, which occurred on June 22, 2020, at which point the security was fully redeemed at 100% of its par value, confirming its completed obligation and repayment to investors.