Turkey marches towards Panda debut

22 Feb 2018

The Republic of Turkey is preparing to issue its first Panda bond by the end of the year, having mandated three banks to handle the deal.

Bank of China, HSBC and Industrial and Commercial Bank of China look set to underwrite Turkey’s first onshore RMB bond, the Turkish Treasury said on Wednesday. The sovereign is planning to come to the market before the end of the year.

A source at ICBC told GlobalCapital Asia's ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial