Turkey
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Little further issuance in CEEMEA primary is expected this year
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Turkish bank adds over a dozen new lenders in large deal
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Buyers piled into deal as sovereign improvements could provide upside
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Port operator will use the money for a tender and to fund the purchase of bonds it is calling
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Some bond investors questioned if the market was ready for Turkish tier two
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Deal hoped to pave path for other Turkish issuers this week
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Investor appetite test follows US Treasury rally
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CEEMEA borrowers have flooded back to the primary mart after a rally in US Treasury yields
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Turkish banks need better credit ratings and lower costs of funding for lenders to lower pricing further
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Eurobond issuance plans may have changed little, but domestic borrowing is to double
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Turkish bank reduced the cost of its loan by more than expected, said one loans banker