Turkey taps 2041 for $1bn, prices at tight end of guidance

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Emerging Markets

Turkey taps 2041 for $1bn, prices at tight end of guidance

December 05, 2012 12:00 AM

Turkey has tapped its $2bn 6% 2041 bonds for an extra $1bn. The deal came at 158bp over US Treasuries — at the tight end of 165bp area guidance and at just a 10bp premium to where the outstanding notes were trading on Wednesday.

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