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 May 04, 2012 and numbered B.02.6.SPK.0.13.00.105-03.01-1254 and Board Registration Certificate numbered 26/BB-293, T. Garanti Bankası A.Ş. has been authorized to issue bank bonds in the aggregate nominal amount of TL 750 million; consisting of bank bonds in the nominal amount of TL 400 million with a maturity of 179 days and bank bonds in the nominal amount of TL 350 million with a maturity of 91 days, and to increase the amount of public offering from the nominal amount of TL 750 million to the nominal amount of TL 1 billion in case of excess demand.
On May 17, 2012, the issue price of the Bank Bond with a maturity of 179 days was determined as TL 95.177, at a simple yield of 10.33297% and a compound yield of 10.60519%, and the issue price of the Bank Bond with a maturity of 91 days was determined as TL 97.557, at a simple yield of 10.04423% and a compound yield of 10.42929%.
As a result of the book building dated May 14-15-16, the total demand from the investors for the bank bonds in the total nominal amount of TL 750 million was in the nominal amount of TL1,043,497,101.
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.