Bond Akbanque 0% ( TRFAKBKA2083 ) in TRY

Issuer	Akbanque
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFAKBKA2083 ( in TRY )
Interest rate	0%
Maturity	29/12/2020 - Bond has expired
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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.