Bond Vakifbank 0% ( TRFVKFB21830 ) in TRY
| Issuer | Vakifbank | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | Turkey
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| ISIN code |
TRFVKFB21830 ( in TRY )
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| Interest rate | 0% | ||||||
| Maturity | 02/02/2018 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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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. |
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