Bond Vak?fBank 0% ( TRFVKFB21830 ) in TRY

Issuer	Vak?fBank
Market price	100 % ⇌
Country	Turkey
ISIN code	TRFVKFB21830 ( in TRY )
Interest rate	0%
Maturity	02/02/2018 - Bond has expired
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Minimal amount	100 TRY
Total amount	134 000 000 TRY
Detailed description	Vak?fBank is a major Turkish state-owned commercial bank, offering a wide range of financial services both domestically and internationally. Identified by ISIN TRFVKFB21830, a bond issued by Vakifbank, one of Turkey's leading state-owned financial institutions established in 1954 as a cornerstone of the nation's banking sector, offering a comprehensive suite of corporate, commercial, retail, and investment banking services, has successfully completed its lifecycle, having matured and been fully repaid on its due date of February 2, 2018; this specific issuance, originating from Turkey and denominated in Turkish Lira (TRY), notably featured a zero percent interest rate, indicating its likely structure as a zero-coupon instrument, with a total issue size of 134,000,000 TRY and a minimum purchase increment of 100 TRY units, ultimately concluding its term with its redemption at 100% of its principal value, thus ensuring full repayment to its holders, consistent with its single payment frequency.