Turkey
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Strong secondary performance will encourage any other Turkish issuers planning bonds -
The state-owned bank has a bond maturing on Tuesday and two more in the near future
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Borrowers are focused on cheaper pricing rather than bigger size, say loans bankers
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Uzbekistan plans a dollar and som deal next week and others are lining up
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The company is strong and has a good ESG profile, but ownership is a question mark
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Turkish borrowers are forming a queue to issue, said one banker
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Leads say guidance started flat to sovereign for new dollar deal
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Several companies have redeemed bonds this year, but none has issued
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Investors are receptive to new Turkey bonds, but borrowers will have to be careful in their approach
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TSKB is the third Turkish bank issuer to sell a new bond in the past seven days
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Bonds from two Turkish banks last week are doing well in secondary trading
