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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
Books were nearly three times the issue size
◆ Higher rated Austrian lender offers more spread for similar senior preferred bond ◆ Big demand pushes deal inside fair value ◆ BCP still prints its tightest unsecured debt for more than five years
After a record 2024, Turkish corporate issuance slowed last year
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The issuer kept away from the primary market for a few days due to volatility -
There are a few candidates to follow SQB, but not many
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The next leg of the spread convergence between eurozone periphery and core FIG issuers could come from the east or south
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The state-owned issuer printed flat to its curve, said a lead
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Secondary trading has been weaker in the last two weeks, but investors are still keen on issuance
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Turkey's banks rarely offer public sukuk
