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ItalianoBond Akbank 0% ( TRFAKBK719G7 ) in TRY
| Issuer | Akbank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Turkey
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| ISIN code |
 TRFAKBK719G7 ( in TRY )
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| Interest rate | 0% | ||||||||
| Maturity | 23/07/2019 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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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. |
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