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Nurol Investment Bank Issues Bonds with a 57.40% Annual Compound Interest Rate

Nasıl Bir Ekonomi
June 26, 2024

On June 21, 2024, Nurol Investment Bank issued TRY 350 million in finance bonds, targeting qualified investors. The bond carries an annual simple interest rate of 51.50% and an annual compound interest rate of 57.40%. The 200-day maturity bond has an effective interest rate of 28.22%. It will mature on January 10, 2025, and has been assigned the transaction code TRFNUR12516.

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