Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The company is expanding outside Turkey, such as into Saudi Arabia
Turkey's central bank increased inflation forecasts on Thursday due to rising energy prices
Deal's concession came to just a few basis points
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Turk Eximbank has released initial price guidance for a $500m five year senior unsecured bond.
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No emerging markets issuer has yet hit screens this week to capitalise on the exceptional momentum of last week’s market.
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In this round-up, the renminbi reached its strongest value against the dollar since July, December exports and imports volumes dropped, and trade volumes between China and Russia reached a record high.
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Confidence is sweeping through the CEEMEA bond market as huge volumes for some of 2018’s most maligned issuers have pushed volumes up to record breaking levels for the first fortnight of a year. But despite the strong start, some bankers are concerned that the difficulties of last year are a whisker away from making a comeback. Francesca Young, Lewis McLellan and Sam Kerr report.
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Emerging markets got off to a cracking start for the year this week with a slew of sovereign deals hitting screens. High quality, low beta sovereigns Israel and Slovenia began proceedings with impressive euro deals.
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Turkey made its first capital markets foray of the year with a $2bn bond issue on Wednesday. But bankers were divided on the deal's success.