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Emerging MarketsEM CEE

Tables unturned for Turkey despite sukuk success

Alamy_Erdogan_575x375_17June2021

The Republic of Turkey demonstrated its access to international markets this week with a four times oversubscribed sukuk. But the deal does not represent an access-all-areas pass to the capital markets for the borrower, following a turbulent period that has seen little change to appease investors, writes Mariam Meskin.

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