Sberbank succeeds with Eurolira

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Sberbank succeeds with Eurolira

Sberbank priced a TL550m 7.4% 2018s note on Monday inside its dollar curve, marking the first time a Russian issuer has tapped the Eurolira market. The deal was a clear demonstration of increased investor risk appetite, as buyers were content to take non-correlated emerging market currency and credit risk simultaneously.

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