Isbank taps into strong demand for Turkish bank paper

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Isbank taps into strong demand for Turkish bank paper

January 28, 2011 12:00 AM

Turkiye Is Bankasi’s $500m six year bond tightened by 5bp on a spread basis in the day after trading, showing just how popular Turkish bank paper is this year. The note was priced via lead managers JP Morgan, Royal Bank of Scotland, Standard Bank and Standard Chartered Bank on Tuesday.

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