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ItalianoBond Akbank 0% ( TRFAKBKA2083 ) in TRY
| Issuer | Akbank | ||||||||||
| Market price | 100 % ⇌ | ||||||||||
| Country |  Turkey
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| ISIN code |
 TRFAKBKA2083 ( in TRY )
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| Interest rate | 0% | ||||||||||
| Maturity | 12/29/2020 - Bond has expired | ||||||||||
| Minimal amount | 100 TRY | ||||||||||
| Total amount | 238 223 000 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. Akbank, a prominent Turkish financial institution, issued a zero-coupon bond (ISIN: TRFAKBKA2083) denominated in Turkish Lira (TRY) with a 0% interest rate, which successfully reached its maturity on December 29, 2020, and was subsequently redeemed at 100% of its face value; this particular debt instrument, originating from Turkey, represented a total issuance volume of 238,223,000 TRY with a minimum acquisition size of 100 units, and, consistent with its zero-coupon nature, involved a single payment made upon its complete reimbursement. |
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