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The new issue premium was slim, thought observers
State-controlled company is seeking further financing after surge in jet fuel prices
Largest of three IPOs in Turkey struggles to get covered, smaller ones multiple times oversubscribed
Data
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Higher than expected inflation sent yields more than 10bp higher
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A full implementation would mean radical change for issuers and investors
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Former ICMA chair replaces Steven Cranwell, who will leave bank
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Super-tight trading makes it a difficult buy for some internationals
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Issuer in market as ceasefire with Gaza is under pressure after Hamas stopped the release of hostages
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa