Bond Akbank 0% ( TRFAKBKA2018 ) in TRY

Issuer Akbank
Market price 100.00 %  ⇌ 
Country  Turkey
ISIN code  TRFAKBKA2018 ( in TRY )
Interest rate 0%
Maturity 02/12/2020 - Bond has expired



Prospectus brochure in PDF format

Minimal amount 100 TRY
Total amount 174 408 000 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.

A financial instrument identified by ISIN code TRFAKBKA2018, issued by Akbank, a prominent Turkish financial institution, has successfully reached its maturity and been fully redeemed. This bond, denominated in Turkish Lira (TRY), represented a total issuance size of 174,408,000 TRY, with a minimum purchase increment set at 100 TRY. Originating from Turkey, the bond carried an interest rate of 0% and a payment frequency of 1, indicating it was likely structured as a zero-coupon instrument or designed for a single principal repayment at maturity. The bond matured on December 2, 2020, and its reported market price upon redemption was 100% of its face value.
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