Bond Akbanque 0% ( TRFAKBK719G7 ) in TRY

Issuer	Akbanque
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFAKBK719G7 ( in TRY )
Interest rate	0%
Maturity	23/07/2019 - Bond has expired
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Minimal amount	100 TRY
Total amount	48 292 000 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 overview of fixed-income instrument TRFAKBK719G7 reveals it was a bond issued by Akbank, a leading and prominent financial institution based in Turkey. This Turkish Lira (TRY) denominated bond, which originated from Turkey, represented a total issuance size of TRY 48,292,000, with a minimum investment threshold set at TRY 100. Characterized by a 0% interest rate and a payment frequency of 1, implying a single principal repayment at maturity, the bond reached its scheduled maturity date on July 23, 2019. At the time of its maturity, the bond was valued at 100% of its par, confirming it has since been fully repaid to investors.