Bond Guaranty Bank 0% ( TRFGRAN61853 ) in TRY

Issuer	Guaranty Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFGRAN61853 ( in TRY )
Interest rate	0%
Maturity	22/06/2018 - Bond has expired
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Minimal amount	1 TRY
Total amount	244 466 005 TRY
Detailed description	Garanti Bank is a major Turkish bank offering a wide range of financial services, including retail, corporate, and investment banking, with a significant international presence. A financial review confirms the successful maturity and full repayment of a specific bond issued by Garanti Bank, a prominent private banking institution headquartered in Turkey, which is recognized as one of the country's largest and most established banks. Dated for maturity on June 22, 2018, this particular debt instrument, identified by ISIN TRFGRAN61853 and issued from Turkey, was structured as a zero-coupon bond, evidenced by its 0% interest rate and a payment frequency of 1, meaning investors received their principal at maturity rather than periodic interest payments. The bond, denominated in Turkish Lira (TRY), had a total issue size of 244,466,005 units, with a minimum purchase tranche of 1 unit. As per market information, the bond reached its maturity and was redeemed at 100% of its face value, signifying a complete and orderly repayment to its holders.