Republic of Turkey

20 Oct 2011

Rating: Ba2/BB/BB+

Amount: $1bn

Maturity: 25 March 2022

Issue/fixed re-offer price: 98.94

Coupon: 5.125%

Spread at re-offer:310bp over US Treasuries

Launched:Monday 17 October

Payment date: 25 October

Joint books:Bank of America Merrill Lynch, HSBC

Bookrunners’ comment:

The issue held up well in the secondary market on its first day of trading ...

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