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
11.05.2023
Related Issue Limit Info
Currency Unit
TRY
Limit
50.000.000.000
Issue Limit Security Type
Debt Securities
Sale Type
Public Offering-Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Approval Date
21.06.2023
Capital Market Instrument To Be Issued Info
Type
Bill
Maturity Date
26.07.2024
Maturity (Day)
98
Sale Type
Public Offering
Intended Nominal Amount
200.000.000
Approval Date of Tenor Issue Document
01.04.2024
Title Of Intermediary Brokerage House
VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository
Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale
15.04.2024
Ending Date of Sale
17.04.2024
Maturity Starting Date
19.04.2024
Issue Price
0,89975
Interest Rate Type
Discounted
Interest Rate - Equivalent to Maturity (%)
11,1425
Interest Rate - Yearly Simple (%)
41,50
Interest Rate - Yearly Compound (%)
48,2107
Traded in the Stock Exchange
Yes
Payment Type
TL Payment
ISIN Code
TRFVKFB72411
Coupon Number
0
Redemption Date
26.07.2024
Record Date
25.07.2024
Payment Date
26.07.2024
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) / 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 April 4, 2024. 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 abovementioned public offering, the amount can be increased up to TL 300,000,000. Book-building period that will take place on April 15-16-17, 2024 will be observed and finalization of the issuance will be announced on April 18, 2024. The "Capital Markets Instrument Note ", "Summary" and "Issue Information Document" including the detailed information related to bonds was enclosed within the Bank's disclosures dated April 4, 2024. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.