Halkbank pays tiny NIP due to rate move for Eurobond return

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Halkbank pays tiny NIP due to rate move for Eurobond return

Turkey_flag_230

Turkey's Halkbank priced its new $500m six year bond with a 2bp-3bp new issue premium on Wednesday, but the underlying swap rate had rallied 10bp throughout the day, meaning that the nominal premium was perhaps more attractive than it otherwise would have been.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article