Consequent to Capital Markets Board of Turkey’s 23 September 2021 dated 49/1401 numbered approval, on 1/10/2021 HSBC Bank A.Ş. will issue 200,000,000 TL nominal of discount bonds maturing on 7/12/2021 with 18.15% 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: 30/09/2021
Issuance Date: 01/10/2021
Date of Maturity: 07/12/2021
Rate*: 18.15% Simple / 19.55% Compound
Price of Issuance: 96.776
Amount of Issuance **: 200,000,000 TL Nominal
*Rate can be updated according to market conditions.
**Nominal Issue Size may change depending on the demand.