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ItalianoBond Akbanque 0% ( TRFAKBKA2018 ) in TRY
| Issuer | Akbanque |
| Market price | 100 % ⇌ |
| Country |  Turkey
|
| ISIN code |
 TRFAKBKA2018 ( in TRY )
|
| Interest rate | 0% |
| Maturity | 02/12/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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. |