Vakifbank prices with 25bp pick-up to Isbank

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Vakifbank prices with 25bp pick-up to Isbank

Vakifbank priced its $500m 6% lower tier two 2022s on Wednesday with a 25bp yield pick-up on the only other lower tier two note from Turkey outstanding — Turkiye Is Bankasi’s $1bn 6% 2022s, which were sold late last week.

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