Bond Turkiye 3.25% ( XS1629918415 ) in EUR

Issuer Turkiye
Market price 100 %  ▲ 
Country  Turkey
ISIN code  XS1629918415 ( in EUR )
Interest rate 3.25% per year ( payment 1 time a year)
Maturity 13/06/2025 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 1 000 000 000 EUR
Detailed description Turkey is a transcontinental Eurasian country spanning Western Asia and Southeastern Europe, with a rich history and diverse cultural heritage encompassing influences from various empires and civilizations.

The sovereign bond, identified by its ISIN XS1629918415, issued by the Republic of Turkey, has successfully reached its maturity date and been fully redeemed. As a prominent emerging market economy strategically positioned at the crossroads of Europe and Asia, Turkey regularly accesses international capital markets to fund its national development objectives, budget requirements, and debt management strategies, presenting a range of investment opportunities for global fixed-income investors through its sovereign bond offerings. This particular EUR-denominated instrument, issued by the Turkish government from its country of issuance, carried an annual coupon rate of 3.25% and represented a significant capital raise for the issuer, with a total issuance size amounting to EUR 1,000,000,000, and was structured with a minimum purchase threshold of EUR 100,000 to cater primarily to institutional investors. Having matured precisely on June 13, 2025, this bond, which had been trading around 100% of its par value prior to its redemption, has now been fully repaid to all bondholders, thereby concluding its financial lifecycle and demonstrating the complete fulfillment of the Republic of Turkey?s obligations as the issuer of this specific debt security.