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ItalianoBond Akbanque 0% ( TRFAKBK719T0 ) in TRY
| Issuer | Akbanque |
| Market price | 100 % ⇌ |
| Country |  Turkey
|
| ISIN code |
 TRFAKBK719T0 ( in TRY )
|
| Interest rate | 0% |
| Maturity | 17/07/2019 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 100 TRY |
| Total amount | 85 768 000 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 analysis of the financial instrument identified by ISIN TRFAKBK719T0 reveals a fully matured and repaid bond issued by Akbank, a prominent and leading financial institution headquartered in Turkey, recognized for its comprehensive banking services and significant presence within the Turkish economy. This Turkish Lira (TRY) denominated obligation, issued from Turkey, carried a total issuance size of 85,768,000 units with a minimum purchase amount of 100 units. Despite its 0% stated interest rate, implying a principal-only repayment structure, and a reported market price of 100% at the time of its final settlement, this bond reached its scheduled maturity date on July 17, 2019, at which point it was fully discharged and repaid, having completed its lifecycle with a single, conclusive payment event. |