EM euro offerings excite investors

euros fotolia 230x150
By Lewis McLellan, Mariam Meskin, Oliver West
07 Nov 2018

A pair of rare euro bonds from sovereign emerging markets borrowers hit the market this week, much to the approval of investors who said the deals provided “good value”.

Turkey, following up on its $2bn five year in October, has opened books for a February 2026 euro benchmark. Leads BNP Paribas, HSBC and ING offered initial price thoughts of 5.5% area.

The 5.5% area initial price thoughts for Turkey’s deal look “pretty cheap” to one investor. “It’s ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.