Consequent to Capital Markets Board of Turkey’s 23 September 2021 dated 49/1401 numbered approval, on 27/7/2022 HSBC Bank A.Ş. will issue 130,000,000 TL nominal of discount bonds maturing on 26/10/2022 with 26.15% 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: 26/7/2022
Issuance Date: 27/7/2022
Date of Maturity: 26/10/2022
Rate*: 26.15% Simple / 28.83% Compound
Issue Price: 93.879
Issue Amount **: 130,000,000 TL Nominal
Rating: Aa2.tr (LT National Scale Rating by Moody's, 10/11/2021)
*Rate can be updated according to market conditions.
**Nominal Issue Size may change depending on the demand.