Türkiye ?? Bankas? is a major Turkish multinational banking and financial services corporation, the oldest and largest privately owned bank in Turkey.
This financial article details a specific fixed-income instrument issued by Turkiye Is Bankasi. Turkiye Is Bankasi, commonly recognized as Isbank, is a cornerstone of the Turkish financial sector, distinguished as one of the country's largest and most established commercial banks. Founded by Mustafa Kemal Atatürk, Isbank has historically played a pivotal role in Turkey's economic growth, offering a comprehensive array of banking and financial services across retail, corporate, and investment segments. The bond under review, identified by ISIN US900151AH41 and CUSIP 900151AH4, was a US Dollar-denominated obligation originating from Turkey. It featured an annual interest rate of 5.375%, with interest payments distributed semi-annually. The total issuance size for this bond was significant, reaching $750,000,000, and it was structured with a minimum purchase amount of $200,000. Its historical market valuation was noted at 100% of its par value. This bond reached its full maturity on October 5, 2021, and has since been successfully redeemed, signaling the completion of the issuer's financial commitment to its bondholders.
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US900151AH41 ( in USD )
