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Turkish vehicle leasing group draws 1.59x demand for Borsa Istanbul float
Book attrition rates rise and coverage ratios decline
Sovereign curve has rallied since Orban left after 16 years in power, but Hungary is in a fiscal hole
Data
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Demand has slowed and investors are much more price sensitive in new Turkish bank issuance
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The sovereign wealth fund paid no concession, but a lead conceded fair value estimates will vary widely
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Turkey's largest private lender has not issued a public bond in seven years
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The market had been expecting a public deal, said investors
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Bond markets should not reflexively dismiss new president Claudia Sheinbaum as a socialist acolyte of Amlo
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Demand was nearly £4bn for the sovereign wealth fund's first ever debut in a new currency
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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