AKBANK 9.6% GENDER NOTES 23-33AKBANK 9.6% GENDER NOTES 23-33AKBANK 9.6% GENDER NOTES 23-33

AKBANK 9.6% GENDER NOTES 23-33

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Key terms


Outstanding amount
‪150.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
9.60% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
9.60%
Maturity date
Jul 25, 2033
Term to maturity
8 years

About AKBANK 9.6% GENDER NOTES 23-33


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Jul 25, 2023
ISIN
XS2659197151
FIGI
BBG01HMZQ037
Akbank TAS engages in the provision of commercial and private banking services. It operates through the following segments: Retail Banking, Commercial Banking, Corporate-Investment, Private Banking, and Wealth Management, and Treasury. The Retail Banking segment offers a variety of retail services such as deposit accounts, consumer loans, commercial installment loans, credit cards, insurance products, and asset management services. The Corporate-Investment, Private Banking, and Wealth Management segment provides financial solutions and banking services to large, medium and small size corporate, and commercial customers. The Treasury segment conducts TL and FC spot and forward transactions, treasury bonds, government bonds, Eurobond and private sector bond transactions and also derivative trading activities within determined limits. The company was founded by Abdullah Durdu, Ahmet Feza Kalakoglu, Ali Hadi Gökpinar, Ahmet Sapmaz, and Abdülkadir Azinç on January 30, 1948 and is headquartered in Istanbul, Turkey.
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