Announcement regarding Bank bond and discounted bond public offering
Announcement regarding Bank bond and discounted bond public offering
Pursuant with the Capital Markets Board approval dated Mar.30, 2016; T.Garanti Bankası A.Ş has been authorized regarding (i) the public offering 101-day maturity bank bonds in the nominal amount of 50,000,000 TL, and 371-day discounted bonds in the nominal amount of 225,000,000 TL (in total 275,000,000 TL nominal amount) and, (ii) the increase of the public offering issuance amount up to a nominal amount of 400,000,000 TL, in case of an excess demand from investors.
On Apr. 11, 2016 Simple Interest Rate of 101-day Bank Bonds has been determined as 10.14274%, Compound Interest Rate as 10.52042% and Selling Price as 97.270 TL, and Simple Interest Rate of 371-day Discounted Bonds has been determined as 11.25057%, Compound Interest Rate as 11.24055% and Selling Price as 89,738 TL.
The demand and distribution amounts related to the public offering on the basis of investor groups and the details of the number of investors who became entitled to take bank bonds and discounted bonds are presented in the table below.
Regards.