FinanceTürkiye Official institution
Çelik Motor sets the first coupon rate on its 364-day financing bond
Çelik Motor Ticaret A.Ş. set the 1 coupon rate on a 364-day financing bond with a nominal amount of 300.000.000 TRY, which it issued on 22.07.2026. The bond pays a coupon every three months and has a floating rate calculated by adding 1,25 percent to the TLREF reference rate. The document states that the annual simple interest rate for the first coupon is 41,0094 percent.
What does it mean?
Holders of this bond will receive payment for the first coupon period at the annual simple interest rate of 41,0094 percent stated in the document, on 21.10.2026. This rate is the final figure for the floating rate in the first period.
Who is affected?
Qualified investors who buy this financing bond.