Turkiye Vakiflar Bankasi T.A.O., founded in 1954 and headquartered in Istanbul, Turkey, serves as a state-owned commercial bank dedicated to fostering economic development through a wide array of financial services. The bank offers key products including retail and corporate banking, treasury services, and a variety of investment products tailored to meet the needs of diverse clientele.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VAKBN 5.25% 2025-02-05 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2025-02-05 | 5.250 | 0.00 |
| VAKBN 5.25% 2025-02-05 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2025-02-05 | 5.250 | 0.00 |
| VAKBN 5.50% 2026-10-01 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2026-10-01 | 5.500 | 5.29 |
| VAKBN 5.50% 2026-10-01 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2026-10-01 | 5.500 | 5.29 |
| VAKBN 6.50% 2026-01-08 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2026-01-08 | 6.500 | 5.60 |
| VAKBN 6.50% 2026-01-08 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2026-01-08 | 6.500 | 5.60 |
| VAKBN 8.99% 2034-10-05 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2034-10-05 | 8.994 | 8.13 |
| VAKBN 9.00% 2028-10-12 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2028-10-12 | 9.000 | 6.23 |
| VAKBN 9.00% 2028-10-12 USDTurkiye Vakiflar Bankasi T.A.O. | Turkey | 2028-10-12 | 9.000 | 6.23 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Turkiye Vakiflar Bankasi T.A.O. has a notable presence in the bond market, having issued its first bonds in the early 2000s to support its financing needs. Significant issuances include a 500 million USD bond in 2021, aimed at enhancing liquidity and capitalizing on favorable market conditions. The bank's bonds frequently feature competitive yields compared to industry benchmarks, with recent yields around 5.5%, reflecting the bank’s strong credit rating. Furthermore, in 2023, the bank introduced green bonds to fund sustainable initiatives, marking a significant step toward environmentally responsible financing.