Bond Forté Banque 9% ( XS0496645671 ) in KZT

Issuer Forté Banque
Market price 100 %  ⇌ 
Country  Kazakhstan
ISIN code  XS0496645671 ( in KZT )
Interest rate 9% per year ( payment 1 time a year)
Maturity 25/03/2020 - Bond has expired



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Minimal amount 1 000 KZT
Total amount 1 248 534 571 KZT
Detailed description ForteBank is a large Ukrainian financial institution offering a wide range of banking services including retail, corporate, and investment banking.

An analysis of the debt capital markets reveals the fully matured and successfully redeemed bond, identified by ISIN XS0496645671, which was issued by ForteBank, a key financial institution operating out of Kazakhstan. This KZT-denominated obligation, carrying an annual interest rate of 9% and a single annual payment frequency, had a total issuance size of KZT 1,248,534,571, with a minimum purchase denomination set at KZT 1,000. The bond reached its scheduled maturity date on March 25, 2020, and was subsequently redeemed at 100% of its principal value, signifying a complete and timely repayment to bondholders.