Bond Türkiye ?? Bankas? 0% ( TRQTISB61727 ) in TRY

Issuer	Türkiye ?? Bankas?
Market price	100 % ⇌
Country	Turkey
ISIN code	TRQTISB61727 ( in TRY )
Interest rate	0%
Maturity	12/06/2017 - Bond has expired
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Minimal amount	1 000 TRY
Total amount	572 304 450 TRY
Detailed description	Türkiye ?? Bankas? is a major Turkish multinational banking and financial services corporation, the oldest and largest privately owned bank in Turkey. The TRQTISB61727 bond, issued by Turkiye Is Bankasi, a leading financial institution based in Turkey, successfully concluded its term, reaching maturity on June 12, 2017, and has subsequently been fully redeemed. This specific fixed-income instrument, identified by its ISIN code TRQTISB61727 and denominated in Turkish Lira (TRY), represented a substantial total issuance volume of 572,304,450 TRY. Turkiye Is Bankasi, established in 1924 as the first national bank of the Turkish Republic, holds a significant position as one of the largest and most influential commercial banks in the country, contributing extensively to the Turkish economy across its corporate, retail, and investment banking divisions. The bond?s structure was notable for its 0% interest rate, indicating that no periodic coupon payments were distributed to bondholders. This characteristic, coupled with a payment frequency of one, confirms its design as a zero-coupon instrument where the full principal amount constituted the single payment upon maturity. Investors could participate with a minimum purchase size of 1,000 TRY. At the point of its maturity, the bond was repaid at 100% of its face value, signifying a par redemption for investors and marking the complete and successful fulfillment of this obligation within the Turkish debt market.