Turkish supply flood sees 'juice' added to premiums
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Emerging MarketsCEE

Turkish supply flood sees 'juice' added to premiums


Primary bond markets were awash with Turkish bank deals on Tuesday as Turk Eximbank, Sekerbank and Kuveyt Turk added to Isbank’s Monday mandate. With books slow to build and Turkey recently losing its investment grade status, lead managers believe new issue premiums will need to offer a reason to invest.

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