Ziraat Bank plans Eurobond, saves sukuk and covered for later

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Ziraat Bank plans Eurobond, saves sukuk and covered for later

Turkey’s Ziraat Bank is hoping to launch a debut Eurobond later this year, and has picked banks for a benchmark size transaction. The issuer is also looking at breaking into the covered bond and sukuk markets further down the road as part of an effort to diversify away from deposit funding.

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