Turkey
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The sovereign wealth fund will be a regular bond issuer
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One investor was surprised the Turkish company issued so soon after its dollar debut
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Previous changes of the central bank's governor were unwelcome, but the market was steady on Monday
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Türk Eximbank kept bank issuance going with a 'blowout' $500m trade on Tuesday
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Eximbank is as close to the sovereign as it gets in Turkey, said one analyst
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Bankers and investors are expecting a new issue from Turkey any day now
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Investors are unlikely to punish issuers who did not call tier two bonds in the last two years
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Yapı Kredi's successful tier two smoothed the way for TEB
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Differing products and staggered timing of pricing will mitigate timing concerns, said bankers
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Issuing a bond in 2024 will look very different from when many sovereigns last came to the market
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