Bond Akbanque 0% ( TRFAKBK81952 ) in TRY

Issuer Akbanque
Market price 100 %  ⇌ 
Country  Turkey
ISIN code  TRFAKBK81952 ( in TRY )
Interest rate 0%
Maturity 06/08/2019 - Bond has expired



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Minimal amount 100 TRY
Total amount 92 559 000 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.

This financial article details the TRFAKBK81952 bond, an issuance by Akbank, a prominent financial institution headquartered in Turkey. Akbank is one of Turkey's largest private banks, offering a comprehensive suite of banking and financial services to corporate, commercial, small and medium-sized enterprises (SME), and retail clients across a broad network. The bond, identified by its ISIN TRFAKBK81952, was denominated in Turkish Lira (TRY) and represented a total issuance size of 92,559,000 TRY, with a minimum purchase unit of 100 TRY. Notably, this bond was characterized by a 0% interest rate, indicating that it did not provide periodic coupon payments to investors. The instrument reached its scheduled maturity date on August 6, 2019, and was subsequently repaid at its par value, with its market price reported at 100% at the time of redemption, confirming its successful settlement.