Garanti still on track for mortgage covered bonds despite soured market
Turkey’s Garanti Bank is still looking at the possibility of issuing mortgage backed covered bonds, although the market backdrop has soured since it started. The bank’s board has approved issuance of up to €1bn and a recent rise in spreads could help bring in new accounts, an official told EuroWeek.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: