Announcement Regarding Results of Bond Issuances
Announcement Regarding Results of Bond Issuances
Pursuant with the Capital Markets Board approval dated June 2, 2014; T. Garanti Bankası A.Ş has been authorized regarding (i) the public offering of 105-day maturity bank bonds in the nominal amount of 350,000,000 TL, 157-day maturity bank bonds in the nominal amount of 275,000,000 TL and 179-day maturity bank bonds in the nominal amount of 225,000,000 TL (in total 850,000,000 TL nominal amount) and, (ii) the increase of the public offering issuance amount up to a nominal amount of 1,250,000,000 TL, in case of an excess demand from investors.
On June 13, 2014 , Simple Interest Rate of 105-day Garanti Bank Bonds has been determined as 8.38387%, Compound Interest Rate as 8.637190% and Selling Price as 97,645 TL; as to 157-day Garanti Bank Bonds Simple Interest Rate has been determined as 8.45204%, Compound Interest Rate as 8.65638% and Selling Price as 96,492 TL; and as to 179-day Garanti Bank Bonds Simple Interest Rate has been determined as 8.51398%, Compound Interest Rate as 8.69877% and Selling Price as 95,992 TL.
The demand and distribution amounts related to the public offering on the basis of investor groups and the details of the number of investors who became entitled to take bank bonds are presented in the table below.