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Turkiye Garanti Bankasi A.S.: Coupon Rate of Subordinated Debt Securities to Qualified Investors

Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Coupon Rate of Subordinated Debt Securities to Qualified Investors

09-Jul-2024 / 14:50 GMT/BST


TO: Investment Community

FROM : Garanti BBVA / Investor Relations

SUBJECT: Coupon Rate of  Subordinated Debt Securities to Qualified Investors

DATE: June 5, 2024

 

The nineteenth coupon rate of the subordinated Debt Securities that meet the criteria for the inclusion in Tier 2 Capital in the nominal value of TRY 252,880,000 with a maturity of 3651 days with 3 months coupon payments indexed to BIST TLREF index ; is determined as % 13,9057 .
 

Board Decision Date

30.07.2019

 

Related Issue Limit Info

Currency Unit

TRY

TRY

Limit

7,000,000,000

20.000.000.000

Issue Limit Security Type

Subordinated Debt Securities

Dept Securities

Sale Type

Sale To Qualified Investors

Public Offering-Sale To Qualified Investor

Domestic / Oversea

Domestic

Domestic

 

Capital Market Instrument To Be Issued Info

Type

Bond

Maturity Date

07.10.2029

Maturity (Day)

3651

Interest Rate Type

FRN

Sale Type

Sale To Qualified Investors

ISIN Code

TRSGRANE2915

Starting Date of Sale

03.10.2019

Ending Date of Sale

08.10.2019

Maturity Starting Date

09.10.2019

Nominal Value of Capital Market Instrument Sold

252,880,000

Coupon Number

40

Redemption Date

07.10.2029

Payment Date

08.10.2029

 

Was The Payment Made?                                                     No

No

 

Redemption Plan of Capital Market Instrument Sold

Coupon Number

Payment Date

Record Date

Payment Date

Interest Rate (%)

Interest Rate - Yearly Simple (%)

Interest Rate - Yearly Compound (%)

Payment Amount

Exchange Rate

Was The Payment Made?

1

07.01.2020

06.01.2020

07.01.2020

3,7162 

15,0714 

15,94 

9,397,526.56 

 

Yes 

2

07.04.2020

06.04.2020

07.04.2020

 3,0351

12,1737 

12,74 

7.675.160,88 

 

Yes 

3

07.07.2020

06.07.2020

07.07.2020

 2,4533

9,84 

10,21 

6.203.905,04 

 

Yes 

4

07.10.2020

06.10.2020

07.10.2020

2.8171 

 11,1766

11,60 

7.123.882,48 

 

Yes 

5

07.01.2021

06.01.2021

07.01.2021

4,1584 

 16,4981

17,42 

10,515,761.92 

 

Yes 

6

07.04.2021

06.04.2021

07.04.2021

4,7231 

 19,1548

20,58 

1,943,775,28 

 

Yes 

7

07.07.2021

06.07.2021

07.07.2021

5,1822 

20,7856 

22,46 

13,104,747,36 

 

Yes 

8

07.10.2021

06.10.2021

07.10.2021

 5,1929

20,6023 

22,05 

13,131,805.52 

 

Yes 

9

07.01.2022

06.01.2022

07.01.2022

4,4217 

 17,5425

18,59 

11,181,594.96 

 

Yes 

10

07.04.2022

06.04.2022

07.04.2022

3,8754 

 15,7167

16,67 

 9,800,111.52

 

Yes 

11

07.07.2022

06.07.2022

07.07.2022

 3,9138

15,6982 

16,65 

 9,897,217.43

 

Yes 

12

07.10.2022

06.10.2022

07.10.2022

 3,7918

15,0437 

15,81 

9,588,703.84 

 

Yes 

13

07.01.2023

06.01.2023

09.01.2023

2,9906 

 11,8648

12,34 

7,562,629.28 

 

Yes 

14

07.04.2023

06.04.2023

07.04.2023

2,5912 

 10,5088

10,93 

6,552,626.56 

 

 Yes

15

07.07.2023

06.07.2023

07.07.2023

3,0591 

12,2702 

 12,85

7,735,852.08 

 

Yes 

16

07.10.2023

06.10.2023

09.10.2023

5,9504 

25,6076 

25,51 

15,047,371.52 

 

 Yes

17

07.01.2024

05.01.2024

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