BORRCreditMarket data 2026-10-20

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Qnb Fi̇nansal Ki̇ralama A.Ş.#

Borrower of 2 sukuk issued through QNB Varlık Kiralama A.Ş. · Also issues directly under its own name →

Outstanding sukuk
2
all ISINs where this entity is the fund user
Registered nominal
TRY 701.00M
nominal by currency, across SPVs
SPVs used
1
Varlık Kiralama vehicle
Sector
Leasing/Factoring
classification from KAP entity name
Refinancing risk, 12 months
2.79×
elevated · ₺701.00M maturing against ₺251.00M issued
Latest KAP-observed rating (Fund User)
AA-(tur)
Investment grade · FİTCH RATİNGS · 2024-04-19 · validity unverified

All Sukuk — Consolidated Across SPVs#

Data table with 2 rows across 9 columns
ISINSPVTypeYield typeCurrencyMaturityTo maturity, daysIssue amountPublished issuance yield
TRDQNBVK2618QNB Finans Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Sabit / FixedTRY2026-11-1122TRY 251.00M41.25% simple
45.52% compound2026-05-13 · KAP issuance disclosure
TRDQNBV82713QNB Finans Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Değişken / Variable-TLREFK e Dayalı/Indexed to TLREFKTRY2027-08-11295TRY 450.00MIndexed returnMargin / reset terms not verified

Dated credit curve#

The chart shows the latest trade of each fixed-rate or discounted lira bond in the 30 days to 2026-09-25.

Notes

That is the last trade of the borrower, 25 days before the latest market session. Spreads use the Treasury curve of the same session as each trade. An issuer curve needs at least three bonds with dated spreads.

Yields of the bonds of one borrower against the Treasury curve. Axes: Maturity at observation · Annual compound yield (%).
Compare yields and dated references →

Traded yield history · past 120 days#

The chart shows fixed-rate lira bonds in the window that ends 20 Oct 2026.

Notes

It shows up to 12 bonds with the most observed sessions. Dots are published trades and lines connect observations. The page prefers same-day settlement, then the highest traded value.

Traded yields of the fixed-rate lira bonds of one borrower over 120 days. Axes: Compound yield (%).

Recent rating decisions#

The table shows the five latest decisions for this borrower hierarchy. Status and raw agency notation stay specific to the source. Open all 5 matching decisions.

Latest rating decisions matching QNB FİNANSAL KİRALAMA A.Ş.
Decision dateRoleAgencyRaw agency notationScaleAction and outlookStatusEvidence
2026-04-20IssuerFitch RatingsNot structured from KAP proseUnclassifiedOutlook UpdateKAP event; not currentKAP event
2026-02-03IssuerFitch RatingsNot structured from KAP proseUnclassifiedOutlook UpdateKAP event; not currentKAP event
2025-12-08IssuerFitch RatingsNot structured from KAP proseUnclassifiedOutlook UpdateKAP event; not currentKAP event
2024-09-17Fund UserFitch RatingsAA(tur) - Ulusal Uzun Vadeli Ulusal Not (National Long Term)Türkiye nationalKAP issuance observationKAP observation; not currentKAP issuance
2024-04-19Fund UserFitch RatingsAA(tur) - Ulusal Uzun Vadeli Ulusal Not (National Long Term)Türkiye nationalKAP issuance observationKAP observation; not currentKAP issuance

SPVs Used for Issuance#

The table lists every Varlık Kiralama vehicle that this fund user has issued through.

Notes

The credit risk is the same, because it is this entity. Only the legal wrapper changes.

Data table with 1 rows across 4 columns
SPV (Varlık Kiralama)Issuances, countNominal raisedLatest disclosure
QNB Varlık Kiralama A.Ş.9TRY 3.35B2026-05-13 09:51

Latest Issuance Disclosures#

The table shows the latest 15 sukuk sale-completion filings that name this entity as the fund user, newest first. Public output omits source handles.

Data table with 9 rows across 7 columns
RankDisclosedISINSPVDisclosed yield, compound, %Tenor, daysMaturity
12026-05-13 09:51TRDQNBVK2618QNB Varlık Kiralama A.Ş.45.52%182.02026-11-11
22025-11-12 14:37TRDQNBV52617QNB Varlık Kiralama A.Ş.44.01%182.02026-05-13
32025-09-10 10:48TRDQNBV92613QNB Varlık Kiralama A.Ş.—364.02026-09-09
42025-08-13 11:52TRDQNBV82713QNB Varlık Kiralama A.Ş.—728.02027-08-11
52025-04-09 10:59TRDQNBVE2517QNB Varlık Kiralama A.Ş.48.86%182.02025-10-08
62025-03-12 11:08TRDQNBV92514QNB Varlık Kiralama A.Ş.43.41%182.02025-09-10
72025-01-29 09:58TRDQNBV72524QNB Varlık Kiralama A.Ş.44.01%182.02025-07-30
82025-01-08 10:44TRDQNBV72516QNB Varlık Kiralama A.Ş.46.42%182.02025-07-09
92024-12-04 11:02TRDQNBV62517QNB Varlık Kiralama A.Ş.49.47%182.02025-06-04

Historical bond trading#

Outright trades in matched current and historical ISINs, including matured bonds.

Notes

Issuer coverage depends on the available identity records. Repo collateral is not included. History: 2024-12-11 to 2026-10-20 · Latest exchange session: 2026-10-20.

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Loading volume history…

Values use the selected currency. All channels = order book + cross and non-cleared trades + trade reports. A gap means no matching observation. It does not mean zero. Valuation prices and 14:00 snapshots are not extra trades. Source reconciliation and historical exceptions.

Download full history CSV
SessionCurrencyMarketOrder bookCross / non-clearedTrade reportsAll channelsDeals, count