Summary Info
About Interest Rates of VakıfBank Bond Issuance
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Other
Board Decision Date
26.05.2022
Related Issue Limit Info
Currency Unit
TRY
Limit
30.000.000.000
Issue Limit Security Type
Debt Securities
Sale Type
Public Offering-Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Approval Date
23.06.2022
Capital Market Instrument To Be Issued Info
Intended Nominal Amount
200.000.000
Central Securities Depository
Merkezi Kayıt Kuruluşu A.Ş.
The country where the issue takes place
Türkiye
Type
Bill
Maturity Date
07.04.2023
Maturity (Day)
91
Interest Rate Type
Discounted
Interest Rate - Equivalent to Maturity (%)
4,1137
Interest Rate - Yearly Simple (%)
16,50
Interest Rate - Yearly Compound (%)
17,5503
Sale Type
Public Offering
ISIN Code
TRFVKFB42323
Title Of Intermediary Brokerage House
VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Approval Date of Tenor Issue Document
28.12.2022
Payment Type
TL Payment
Starting Date of Sale
02.01.2023
Ending Date of Sale
04.01.2023
Maturity Starting Date
06.01.2023
Coupon Number
0
Redemption Date
07.04.2023
Record Date
06.04.2023
Payment Date
07.04.2023
Currency Unit
TRY
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings
AA(tur) (Negatif İzleme) / Ulusal Uzun Vadeli Not
26.07.2022
Yes
Does the capital market instrument have a rating note?
No
Additional Explanations
Reference: VakıfBank Public Disclosure Dated December 29, 2022. In line with the principles determined in the Capital Markets Instrument Note (Prospectus) and Summary, interest rates that constitute a basis for the issuance have been calculated and stated in the table above. In case of excess demand for the above mentioned public offering, the amount can be increased up to TL 300,000,000. Book-building period that will take place on January 2-3-4, 2023 will be observed and finalization of the issuance will be announced on January 5, 2023. The "Capital Markets Instrument Note (Prospectus)" and "Summary", including the detailed information related to bonds was enclosed within the Bank's disclosures dated December 29, 2022. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.