Bond Guaranty Bank 0% ( TRFGRFA41919 ) in TRY

Issuer	Guaranty Bank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFGRFA41919 ( in TRY )
Interest rate	0%
Maturity	30/04/2019 - Bond has expired
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Minimal amount	100 TRY
Total amount	75 000 000 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 analysis of the debt instrument identified by ISIN TRFGRFA41919 confirms its recent maturity and full redemption, issued by Garanti Bank, a prominent and highly regarded financial institution in Turkey known for its extensive banking operations and significant market presence within the country's financial landscape. Originating from Turkey, this bond was denominated in Turkish Lira (TRY) and notably carried a zero percent interest rate, indicating its structure as a zero-coupon bond, with its value realized through a discount at issuance and full principal repayment at maturity. The total size of this particular issuance amounted to TRY 75,000,000, with a minimum purchase threshold set at TRY 100 per unit. With a single principal repayment occurring at maturity, this bond reached its scheduled maturity date on April 30, 2019, at which point it was fully reimbursed to its holders, as evidenced by its current market price of 100%, reflecting the successful completion of its lifecycle.