Bond Akbanque 0% ( TRFAKBK91936 ) in TRY

Issuer Akbanque
Market price 100 %  ⇌ 
Country  Turkey
ISIN code  TRFAKBK91936 ( in TRY )
Interest rate 0%
Maturity 10/09/2019 - Bond has expired



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Minimal amount 100 TRY
Total amount 42 645 000 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 debt instrument identified by ISIN TRFAKBK91936 confirms its classification as a bond issued by Akbank, a prominent financial institution based in Turkey. Akbank, established in 1948, stands as one of Turkey's largest and most reputable banks, offering a comprehensive range of corporate, commercial, retail, and investment banking services across the country. This specific bond, denominated in Turkish Lira (TRY), represented a total issuance size of 42,645,000 TRY, with a minimum purchase threshold of 100 units. Characterized by a 0% stated interest rate and a single payment frequency, the bond reached its predetermined maturity date on September 10, 2019, at which point it was fully redeemed at 100% of its par value, successfully concluding its lifecycle.