New Turkey 30 year three times covered

Turkey took advantage of investor appetite for yield to price a new 30 year dollar benchmark flat to its existing curve on Tuesday. Tapping the long end for the first time since a one-notch upgrade by S&P to BB+ on March 27, the sovereign attracted around $4.3bn of demand for the new issue and printed a $1.5bn transaction.

  • 10 Apr 2013