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
02.05.2024
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
28.06.2024
Capital Market Instrument To Be Issued Info
Type
Bill
Maturity Date
24.01.2025
Maturity (Day)
91
Sale Type
Public Offering
Intended Nominal Amount
200.000.000
Approval Date of Tenor Issue Document
14.10.2024
Title Of Intermediary Brokerage House
VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository
Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale
21.10.2024
Ending Date of Sale
23.10.2024
Maturity Starting Date
25.10.2024
Issue Price
0,90317
Interest Rate Type
Discounted
Interest Rate - Equivalent to Maturity (%)
10,7205
Interest Rate - Yearly Simple (%)
43,00
Interest Rate - Yearly Compound (%)
50,4523
Traded in the Stock Exchange
Yes
ISIN Code
TRFVKFB12524
Coupon Number
0
Redemption Date
24.01.2025
Record Date
23.01.2025
Payment Date
24.01.2025
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 October 14, 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 above mentioned public offering, the amount can be increased up to TL 300,000,000. Book-building period that will take place on October 21-22-23, 2024 will be observed and finalization of the issuance will be announced on October 24, 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 October 14, 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.