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ItalianoBond Akbanque 0% ( TRFAKBKA2125 ) in TRY
| Issuer | Akbanque |
| Market price | 100 % ⇌ |
| Country |  Turkey
|
| ISIN code |
 TRFAKBKA2125 ( in TRY )
|
| Interest rate | 0% |
| Maturity | 14/12/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 1 TRY |
| Total amount | 121 972 000 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. Financial market data confirms the recent maturity and full repayment of the bond identified by ISIN code TRFAKBKA2125, an issuance by Akbank, one of Turkey's leading and most established financial institutions known for its comprehensive banking services across corporate, commercial, SME, and retail segments within the Turkish economy. This debt instrument, categorized as a bond, was denominated in Turkish Lira (TRY) and, notably, featured a zero-coupon interest rate, implying its design for repayment at par value upon maturity. With a total issuance size of 121,972,000 units and a minimal acquisition threshold of 1 unit, the bond, originating from Turkey, reached its scheduled maturity on December 14, 2021. Upon its maturity date, the instrument's market price was confirmed at 100%, signaling its successful and complete redemption to investors, thereby concluding its life cycle as a financial obligation. |