Bond Guaranty Bank 0% ( TRFGRANA1817 ) in TRY

Issuer	Guaranty Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFGRANA1817 ( in TRY )
Interest rate	0%
Maturity	10/12/2018 - 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	80 269 000 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. An in-depth analysis confirms the full redemption of the TRFGRANA1817 bond, a debt instrument issued by Garanti Bank, one of Turkey's leading financial institutions based in the country of issuance, which as a prominent private bank plays a significant role in the Turkish financial sector by offering a comprehensive range of banking services and actively participating in capital markets; this specific bond, identified by the ISIN code TRFGRANA1817, was denominated in Turkish Lira (TRY) and structured as a zero-coupon obligation, indicated by its 0% interest rate meaning no periodic coupon payments were made, with investors realizing their return from its redemption at par, the total issue size amounting to TRY 80,269,000 and a minimum purchase threshold of TRY 100 making it broadly accessible; the bond reached its maturity on December 10, 2018, at which point it was fully repaid at 100% of its par value, confirming the timely principal repayment to all bondholders, with its single payment frequency being consistent with its zero-coupon structure upon maturity.