Turkey
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The company left plenty of new issue premium on the table -
CEEMEA market enjoyed a monster week of issuance in January's first four trading days
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Demand was near three times the size of the state-owned bank's deal
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Potential for record breaking January
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Demand for the Turkish bank's deal was about three times the issue size
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It has added three year loans to the autumn round after bringing them back in the spring
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11 year dollar deal started 30bp-35bp back of curve, but wiped that out with tightening
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Sukuk may not be available to every Turkish company, but plenty could do it
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Orders for Turkey's first corporate sukuk exceeded three times the deal's $600m size
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Markets were steady on Monday after a few rocky days last week
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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
