Consequent to Capital Markets Board of Turkey’s 24 September 2020 dated 60/1196 numbered approval, on 8/9/2021 HSBC Bank A.Ş. will issue 175,000,000 TL nominal of discount bonds maturing on 26/11/2021 with 19.10% annual simple rate to corporate qualified investors in Turkey via HSBC Yatırım Menkul Değerler A.Ş.
The details of issuance is as follows:
Date of Booking: 07/09/2021
Issuance Date: 08/09/2021
Date of Maturity: 26/11/2021
Discount Price: 19.10% Simple / 20.58% Compound
Price of Issuance: 96.030
Amount of Issuance: 175,000,000 TL Nominal