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ItalianoBond Ziraat Bank 0% ( TRQTCZB71427 ) in TRY
| Issuer | Ziraat Bank | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country |  Turkey
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| ISIN code |
 TRQTCZB71427 ( in TRY )
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| Interest rate | 0% | ||||||||||
| Maturity | 18/07/2014 - Bond has expired | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 TRY | ||||||||||
| Total amount | 448 500 000 TRY | ||||||||||
| Detailed description |
Ziraat Bank is Turkey's largest bank by assets, offering a wide range of financial services including commercial banking, investment banking, and insurance. An analysis of the financial instrument identified by ISIN TRQTCZB71427 confirms its classification as a Turkish Lira (TRY) denominated bond, issued by Ziraat Bank. Ziraat Bank, a preeminent state-owned commercial bank in Turkey, holds a pivotal role within the nation's financial architecture. Established as one of the oldest and largest banks in the country, it provides extensive banking services spanning corporate, commercial, and retail sectors, significantly contributing to the economic development of Turkey. This particular bond, issued within Turkey, had a total issuance size of 448,500,000 TRY, with a minimum purchase threshold set at 1,000 TRY. Characterized by a 0% interest rate, it functioned as a zero-coupon instrument, implying that investors anticipated receiving the full principal amount at maturity. The bond reached its maturity date on July 18, 2014, and was subsequently repaid at 100% of its par value. The reported payment frequency of '1' for this zero-coupon bond specifically indicates a single principal repayment occurring at its final maturity, successfully concluding its lifecycle as a debt instrument. |
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