The results of the public offering of the bank bonds
The results of the public offering of the bank bonds
In accordance with the approval of the Capital Markets Board of Turkey dated July 13, 2012 and numbered B.02.6.SPK.0.13.00.105-03.01-1808-7403 and Board Registration Certificate numbered 47/BB-826, T. Garanti Bankası A.Ş. has been authorized to issue bank bonds in the aggregate nominal amount of TL 500 million; consisting of bank bonds in the nominal amount of TL 250 million with a maturity of 178 days and bank bonds in the nominal amount of TL 250 million with a maturity of 77 days, and to increase the amount of public offering from the nominal amount of TL 500 million to the nominal amount of TL 900 million in case of excess demand.
On July 20, 2012, the issue price of the Bank Bond with a maturity of 178 days was determined as TL 95.918, at a simple yield of 8.72661% and a compound yield of 8.92183%, and the issue price of the Bank Bond with a maturity of 77 days was determined as TL 98.215, at a simple yield of 8.61514% and a compound yield of 8.91286 %.
As a result of the book building dated July 17-18-19, the total demand from the investors for the bank bonds in the total nominal amount of TL 500 million was in the nominal amount of TL 685,449,834.
The issuance and allocation amounts of the bank bonds regarding the public offering and the number of investors who gained the right to buy bank bonds are presented in the attached table.