Bond Türkiye ?? Bankas? 0% ( TRFTISBE2225 ) in TRY

Issuer	Türkiye ?? Bankas?
Market price	100 % ▲
Country	Turkey
ISIN code	TRFTISBE2225 ( in TRY )
Interest rate	0%
Maturity	21/10/2022 - Bond has expired
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Detailed description	Türkiye ?? Bankas? is a major Turkish multinational banking and financial services corporation, the oldest and largest privately owned bank in Turkey. A financial instrument identified by the ISIN code TRFTISBE2225, issued by Turkiye Is Bankasi, has recently concluded its lifecycle, having matured and been repaid. Turkiye Is Bankasi, commonly known as ??bank, is a prominent and historically significant financial institution in Turkey, established in 1924, and plays a crucial role in the country's banking sector, offering a comprehensive range of financial services across corporate, commercial, retail, and investment banking segments. This specific bond, denominated in Turkish Lira (TRY) and originating from Turkey, matured on October 21, 2022. It was characterized by a reported interest rate of 0%, suggesting it may have been a zero-coupon bond or that its yield was embedded within its issuance price, with a payment frequency of 1, indicating a single principal repayment at maturity. Upon its maturity, the bond was quoted at a market price of 100%, signifying its full repayment at par.